72Record keeping—Act, sub 150(1)

72  Record keeping—Act, sub 150(1)

 (1) Records that record and explain all transactions and other acts engaged in, or required to be engaged in, by the person under the Act are prescribed, including:

 (a) information collected and used to work out the following in accordance with a requirement specified in a methodology determination:

 (i) the emissions stated in a PGO certificate in relation to a production emissions source for a product;

 (ii) the emissions intensity stated in a PGO certificate for a product;

 (iii) the emissions stated in a PGO certificate in relation to a post-production emissions source for a delivery module for a product; and

 (b) information collected while meeting a requirement in an applicable measurement standard, to the extent the requirement relates to working out an eligible amount in respect of which a REGO certificate is created.

 (2) Records kept or obtained under or for the purposes of the Act must be retained until the end of 7 years after those records were prepared or obtained.

 (3) The records required to be kept under this section must be kept:

 (a) in writing in the English language, or so as to enable the records to be readily accessible and convertible into writing in the English language; and

 (b) so that the person’s liability under the Act can be readily ascertained.

Act includes:

 (a) instruments made under the Act; and

 (b) instruments made under instruments under the Act.