Queensland Subordinate Legislation as Made Queensland Subordinate Legislation as Made(1) This section applies if—
(a) a principal licensee is required to keep a document under the Act; and
(b) the document is stored in electronic form on a computer.
Maximum penalty—10 penalty units.
(2) The principal licensee must ensure—
(a) the computer system has enough capacity and backup capability to record the information required to be kept under the Act; and
(b) the computer system is backed up at least once a month; and
(c) a computer disk or other electronic device used to store the backed-up information is kept in a location that—
(i) is not the principal licensee's registered office, or if the principal licensee has more than 1 place of business, is not the principal licensee's registered office or other place of business; and
(ii) is unaffected by magnetic interference or another thing that may adversely affect the stored information.
Maximum penalty—10 penalty units.