103Licensee’s records

#### 103 Licensee’s records 103 Licensee’s records > > (1) In this Act— > > > > licensee’s records means— > > > > > (a) records required to be kept by a licensee by or under this Act that are in the possession, custody or control of the licensee, and > > > > > (b) records and documents in the possession, custody or control of a licensee that relate to any account (whether or not a trust account) kept by the licensee in connection with the licensee’s business as a licensee or to any transaction by or with the licensee in connection with the licensee’s business as a licensee. > > > (2) If records or documents that were licensee’s records are in the possession, custody or control of a person as a former licensee, as the personal representative of a deceased licensee, or as a result of the transfer of the business of the licensee or otherwise, those records or documents are still licensee’s records for the purposes of this Division. > > > (3) An account on which a strata managing agent operates for or on behalf of an owners corporation or an association is taken to be an account kept by the agent in connection with his or her business as a licensee. > > > (4) This Part extends to records in the possession, custody or control of a person even when the records are located outside the State. > > **s 103:** Am 2018 No 5, Sch 1\[37\].