sec.180Wagering records to be kept for required period

sec.180 Wagering records to be kept for required period

An authority operator must keep a wagering record for 5 years after the end of the transaction to which the record relates. Maximum penalty—40 penalty units. Subsection (1) does not apply to a wagering record if— the information previously contained in the record is kept in another way under an approval of the chief executive; or the record has been destroyed under an approval of the chief executive. Subsection (1) has effect subject to any other law about the retention or destruction of the wagering record. (sec.180-ssec.1) An authority operator must keep a wagering record for 5 years after the end of the transaction to which the record relates. Maximum penalty—40 penalty units. (sec.180-ssec.2) Subsection (1) does not apply to a wagering record if— the information previously contained in the record is kept in another way under an approval of the chief executive; or the record has been destroyed under an approval of the chief executive. (sec.180-ssec.3) Subsection (1) has effect subject to any other law about the retention or destruction of the wagering record.

• (a) the information previously contained in the record is kept in another way under an approval of the chief executive; or
• (b) the record has been destroyed under an approval of the chief executive.