Regulation 18 Maintenance of records: scheme participants and near-threshold suppliers

(1)

A scheme participant must maintain a record of the information required to be notified by it to the administrator under regulations 15 and 16 (quarterly and annual fossil fuel boiler notifications), regulation 21 (3) or (4) (changes of corporate structure) and regulation 24 (4) (transfers of certificates).

(2)

A near-threshold supplier must maintain a record of the information required to be notified by it to the administrator under regulation 15, regulation 21 (3) and, if it is also a certificate holder, regulation 24 (4).

(3)

The records referred to in paragraphs (1) and (2) must be kept for at least seven years after the end of the scheme year to which they relate.

(4)

Records must be—

(a)

adequate to demonstrate to the satisfaction of the administrator that the scheme participant or near-threshold supplier has complied with its obligations under the regulations referred to in paragraphs (1) and (2);

(b)

up to date and, so far as possible, kept together; and

(c)

available for inspection by the administrator at any time.