PART 5General Rules

Record keeping44.

F1(1)

The persons specified in paragraph (2) must keep and preserve such records in such form and for such period as is specified in a notice published by HMRC in respect of goods that are—

(a)

subject to relevant non-transit Part 1 procedure; or

(b)

in a free zone.

(2)

The specified persons are—

(a)

any person authorised to carry out an activity specified in regulation 3(2);

(b)

any holder of a procedure; F2...

F3(c)

any person handling, storing, producing, manufacturing, or applying a process to—

(i)

goods released to a relevant non-transit Part 1 procedure; or

(ii)

goods in a free zone;

F4(d)

responsible authorities; and

(e)

any person selling or purchasing goods in a free zone in the course of a business.

(3)

HMRC must publish a notice specifying—

(a)

the records to be kept and preserved under paragraph (1);

(b)

the form in which they are to be kept; and

(c)

the period for which they must be kept and preserved.

(4)

A notice published under paragraph (3)—

(a)

may—

(i)

specify that the records must be updated within a specified period after the occurrence of a specified event; F5...

(ii)

make different provision for different cases; and

F6(iii)

specify that records must be kept, preserved or updated by way of making an entry in a system maintained by a responsible authority.

F7(b)

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