(1) A registration holder must keep the registration document available for inspection under the Act.
(a) In the case of an individual--$1 250.
(b) In the case of a body corporate--$6 000.
Note: Section 12F of the Act provides that strict liability applies to each physical element of each offence under the Act, unless otherwise stated. The reference in section 12F of the Act includes these Regulations.
(2) Subregulation (1) does not apply if the registration document is not in the registration holder's possession because:
(a) it has been returned to the regulator under regulation 287; or
(b) the registration holder has applied for, but has not
received, a replacement registration document under regulation 288.