A person who is required by a taxation law to keep a record must keep the record so that it is able to be readily produced to the Commissioner if the Commissioner requires its production.
Penalty: 200 penalty units in the case of a body corporate;
40 penalty units in any other case.
Note to s. 53
inserted by No. 13/2013 s. 46(4).
Note
Section 130B applies to an offence against this section.