Obligation to retain records necessary to verify return of registered promoter's election expenses

1 A registered promoter must take all reasonable steps to ensure that all records, documents, and accounts that are reasonably necessary to enable a return filed under section 206ZC to be verified are retained until the expiry of the period within which a prosecution may be commenced under this Act in relation to the return or in relation to any matter to which the return relates. 2 A registered promoter who fails, without reasonable excuse, to comply with subsection (1) commits an offence and is liable on conviction to a fine not exceeding $40,000. 2007 No 111 s 131 Section 206ZF : inserted , on 1 January 2011 , by section 15 of the Electoral (Finance Reform and Advance Voting) Amendment Act 2010 (2010 No 137). Section 206ZF(2) : amended , on 1 July 2013 , by section 413 of the Criminal Procedure Act 2011 (2011 No 81).