National Transport Commission (Model Legislation—Intelligent Access Program) Regulations 2006
31TCA’s obligation to keep records of transactions
Start here
Get a plain-English read of 31
Turn the raw legal text into a practical explanation grounded in National Transport Commission (Model Legislation—Intelligent Access Program) Regulations 2006.
31 TCA’s obligation to keep records of transactions
(1) TCA must keep and retain records, in accordance with this section, of its transactions with the Authority, IAP service providers and IAP auditors. (2) The records must be organised in such a way as will enable them to be conveniently and properly audited. (3) TCA must keep a non‑compliance report for at least 4 years after its receipt. (4) TCA must retain any other record referred to in subsection (1) for at least 1 year after the record is made.