# The Transfer Pricing Records Regulations 2023, Regulation 4: Obligation to keep and preserve relevant transfer pricing records


(1) A relevant person must keep and preserve the relevant transfer pricing records specified in regulation 5 that relate to the relevant tax period.
(2) But paragraph (1) does not apply to a relevant person (“P”) if, were P to be subject to the obligation in that paragraph, P would not be required to include any information about controlled transactions in the Local File.

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Source: https://www.legislation.gov.uk/uksi/2023/818/regulation/4 (the official version)
Page: https://openlegislation.uk/transfer-pricing-records-regulations-2023/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.