Product Grants and Benefits Administration Act 2000

PART 5 - RECORD-KEEPING REQUIREMENTS ETC.  

SECTION 26   PRE-CLAIM RECORD-KEEPING REQUIREMENTS  

26(1)    
This section sets out the pre-claim record-keeping requirements that apply to you in relation to a grant or benefit in respect of a particular claim period.

26(2)    
You must:

(a) keep records that enable you to substantiate your claim for the grant or benefit; and

(b) retain those records until you make the claim.

Note: Section 27 provides that you must continue to retain those records for 5 years after you make the claim.

26(3)    
The records must be:

(a) in English; or

(b) readily accessible, and easily convertible into English.

26(4)    
You are taken to have met the requirement set out in paragraph (2)(a) if you keep records of a kind, and in a manner, specified in a written determination made by the Commissioner.

Note: Sections 8L , 8Q and 8T of the Taxation Administration Act 1953 deal with keeping records incorrectly.