An Bord Bia Act, 1994

Duty to keep records.

40.—(1) Every person who is liable to pay levy shall, in accordance with such direction (if any) as may be given by the Board, keep full and true records of all transactions which affect that liability.

(2) A record kept by a person pursuant to subsection (1) and, in the case of any such record that has been given by the person to another person, any copy thereof that is in the power or control of the first-mentioned person shall be retained by that person for a period of 4 years from the date of the last transaction to which the record relates:

Provided that this section shall not apply to records of a company that have been disposed of in accordance with section 305 (1) of the Companies Act, 1963 .

(3) A person who contravenes subsection (1) or (2) shall be guilty of an offence and shall be liable on summary conviction to a fine not exceeding £1,000 or, at the discretion of the court, to imprisonment for a term not exceeding 6 months or both.

(4) An offence under this section may be brought and prosecuted by the Board.