New South Wales Consolidated Acts

LAND TAX MANAGEMENT ACT 1956 - SECT 68A

68A Keeping of records by owners of land

(1) The regulations may make provision requiring owners of land or specified classes of owners of land to keep specified records concerning land owned by them.

(2) The regulations may specify the form in which any such record is to be kept and the particulars it is to contain.

(3) A person to whom such a requirement applies:

(a) must comply with the requirement, and

(b) must, unless the regulations otherwise provide, retain a record made for the purposes of such a requirement for at least 5 years after the end of the tax year to which the ownership of the land concerned related.

Maximum penalty: 10 penalty units.