Regulation 11 Copy documents: prescribed conditions or exceptions

(1)

The following conditions are prescribed for the purposes of section 268(1) of the Act (production of documents: compliance)—

(a)

the copy document must be an exact copy of the original document, without any amendments, corrections or deletions;

(b)

the original document must be retained by the person as required;

(c)

the person required to produce the document must not alter the original document or allow it to be altered.

(2)

Subject to other provisions in the Tax Acts on the retention of records and documents, the original document under paragraph (1)(b) shall be retained—

(i)

for the purposes of sections 255 and 257 of the Act until such time as the monitoring notice or replacement monitoring is withdrawn under section 245 of the Act;

(ii)

for the purposes of section 262 of the Act, until such time as the conduct notice or replacement conduct notice is withdrawn under section 240 of the Act or expires at the end of the period under section 241(2) of the Act.

(3)

Nothing in paragraph (1)(a) prevents a person from redacting information in a copy document which is privileged information within the meaning given in section 271 of the Act.