sec.175HRequirement to keep and give records

### sec.175H Requirement to keep and give records This section applies to the following (each a selling entity )— the holder of a petroleum lease for PGPLR land who supplies gas produced from the land; another entity that supplies gas produced from PGPLR land. A selling entity must, for the period and in the way prescribed under a regulation, keep the records prescribed under a regulation for each supply by the selling entity of gas produced from PGPLR land. Maximum penalty—500 penalty units. If a corporation commits an offence against this provision, an executive officer of the corporation may be taken, under section 814A , to have also committed the offence. If the chief executive gives a selling entity a notice asking for a copy of a record kept under subsection (2) , the selling entity must give a copy of the record to the chief executive within the reasonable period stated in the notice. Maximum penalty—500 penalty units. If a corporation commits an offence against this provision, an executive officer of the corporation may be taken, under section 814A , to have also committed the offence. s 175H ins 2011 No. 16 s 16 amd 2013 No. 51 s 229 sch 1 (sec.175H-ssec.1) This section applies to the following (each a selling entity )— the holder of a petroleum lease for PGPLR land who supplies gas produced from the land; another entity that supplies gas produced from PGPLR land. (sec.175H-ssec.2) A selling entity must, for the period and in the way prescribed under a regulation, keep the records prescribed under a regulation for each supply by the selling entity of gas produced from PGPLR land. Maximum penalty—500 penalty units. If a corporation commits an offence against this provision, an executive officer of the corporation may be taken, under section 814A , to have also committed the offence. (sec.175H-ssec.3) If the chief executive gives a selling entity a notice asking for a copy of a record kept under subsection (2) , the selling entity must give a copy of the record to the chief executive within the reasonable period stated in the notice. Maximum penalty—500 penalty units. If a corporation commits an offence against this provision, an executive officer of the corporation may be taken, under section 814A , to have also committed the offence. - (a) the holder of a petroleum lease for PGPLR land who supplies gas produced from the land; - (b) another entity that supplies gas produced from PGPLR land.