This legislation has been repealed.
(1) A licensee must keep the books or written records specified in clause 27 at the licensee's registered office, unless the licensee complies with subclause (3).
(2) If a computer system is used for the purpose of recording any information that is reproduced in those books or written records, the licensee must keep the computer control records required by clause 30 at the licensee's registered office.
(3) A licensee may, at each separate place of business at which the licensee's business is conducted, maintain, or cause to be maintained, in visible form separate books or records referred to in subclause (1) for business transacted at that place of business.
(4) A licensee who maintains records under subclause (1) or (3) must, within 21 days after the end of each month:(a) compile with those records the original, or a true copy, of each trial balance statement prepared by the licensee in accordance with clause 36 for that month, and(b) maintain a summary of the total of trust money disclosed in the trial balance statements for that month.
Maximum penalty: 40 penalty units in the case of a corporation or 20 penalty units in any other case.