19ARecords to be kept—levy‑free sale

19A Records to be kept—levy‑free sale

(1) In this clause:

export licence holder means the holder of an export licence granted under section 191 of the Export Control Act 2020.

(2) This clause applies if: (a) in a levy year, an export licence holder deals with particular cattle by buying the cattle from, or selling the cattle to, another export licence holder; and (b) because of subclause 1(3) of Schedule 3 to the Excise Levies Regulations, levy is not imposed on the sale. (3) Each export licence holder must keep: (a) records showing the personal details of the other export licence holder; and (b) a copy of the bill of lading or a similar document showing details of the export of the cattle.

Note: Clause 1 of Schedule 3 to the Excise Levies Regulations provides that levy is not imposed on the sale of cattle by an export licence holder to another export licence holder if the cattle are exported 30 days or less after being acquired by the first export licence holder.