117What records must be made and kept

#### 117 What records must be made and kept (1) A person must make and keep records of every act, transaction, event or circumstance relating to the following: (a) any action taken by the person that is a significant action, notifiable action or notifiable national security action to the extent that the records are relevant to an order or decision under Part 3; (aa) any action taken by the person that is a reviewable national security action notified to the Treasurer to the extent that the records are relevant to an order or decision under Part 3; (b) an action taken by the person that is specified in an exemption certificate; (c) whether the person is complying with a condition in a no objection notification or an exemption certificate; (ca) whether the person is complying with a condition in a notice imposing conditions; (d) the disposal of an interest in residential land by the person if the acquisition of the interest by the person: (i) was a significant action, notifiable action or notifiable national security action; or (ii) would have been a significant action, notifiable action or notifiable national security action if the action had not been specified in an exemption certificate; or (iii) was a reviewable national security action notified to the Treasurer; or (iv) was an action in respect of which the Treasurer gave a notice under subsection 66A(4); (e) any register notice that the person is required to give to the Registrar. (2) The records must be: (a) in English, or readily accessible and easily convertible into English; and (b) such as to enable the acts, transactions, events or circumstances mentioned in subsection (1) to be readily ascertained.