Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) An importer must keep a record mentioned in the following table for the period specified for the record.
Due diligence records | ||||
Item | Kind of record | Relevant provision | Period for retention of record | |
1 | Written record of importer's due diligence system in place at the time of the import of each regulated timber product | Paragraph 9(2)(e) | 5 years from the day the product is imported | |
2 | Information gathered by an importer about a regulated timber product | Section 10 | 5 years from the day the product is imported | |
3 | Record of the identification of risk against a timber legality framework or a country specific guideline for a regulated timber product | Paragraph 11(2)(d) or 12(2)(d) | 5 years from the day the product is imported | |
4 | Record of the assessment and risk identification process undertaken by an importer in relation to a regulated timber product | Paragraph 13(2)(b) | 5 years from the day the product is imported | |
5 | Record of the risk mitigation process undertaken by an importer in relation to a regulated timber product | Paragraph 14(2)(b) | 5 years from the day the product is imported | |
Civil penalty provision
(2) An importer is liable to a civil penalty if the importer contravenes subsection (1).
Civil penalty: 100 penalty units.