Regulation 48 Contraventions of section 31
The requirements specified for the purposes of section 31(3)(a)(i) (failure to comply with duty to keep accounting and other records) are—
to keep relevant records in accordance with regulation 20;
to permit the Secretary of State to examine relevant records in accordance with regulation 21(1) to (3);
to make available a copy required under regulation 21(4);
to provide further information or explanation when requested to do so under regulation 21(5).
The requirements specified for the purposes of section 31(3)(a)(ii) (failure to comply with reporting requirements) are those imposed by Part 5 (reports on qualifying defence contracts) and Part 6 (reports on overheads and forward planning etc).
The reports specified for the purposes of section 31(3)(b) (misleading reports) are those required by Part 5 (reports on qualifying defence contracts).