PART 3OBLIGATIONS IMPOSED ON APPROVED PERSONS

Customer due diligence and record keepingI110

1

An approved person must maintain a record of the following information—

a

the name and contact details of each customer,

b

the VAT registration number of each customer or, in cases where a customer is exempt from VAT registration, the reference number relating to that customer's exemption from VAT registration issued by the Commissioners,

c

a description of the type and quantity of the F1imported goods stored for each customer,

d

any import entry number M1 of the F2imported goods stored for each customer,

e

the country to which the F3imported goods are delivered from storage,

f

a copy of the notice required to be given to each customer under regulation 9, and

g

any specified further information relating to customers and F4imported goods .

2

The information in paragraph (1) must be—

a

preserved for a period of six years beginning on the date the information is first held by the approved person, and

b

made available for inspection by an officer when required.

3

In this regulation, “officer” means a person appointed under section 2(1) of the Commissioners for Revenue and Customs Act 2005 M2.