43.—(1) A financial institution must retain, or retain a copy of, each financial transaction document for the minimum retention period applicable to the document.
(2) A financial institution required to retain documents under this section must retain and store them in a manner that makes retrieval of the documents reasonably practicable.
(3) A financial institution that contravenes subsection (1) or (2) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000.
(4) This section does not limit any other obligation of a financial institution to retain documents.