New Zealand Legislation: Regulations

18 Records

• (1) Every grower must, in each levy year, keep records of the following in relation to each sale transaction:

  • (a) the tonnage of wheat grain sold; and

  • (b) the tonnage of wheat grain product sold; and

  • (c) the name of the purchaser of the wheat grain or wheat grain product.

  (2) Every collection agent must, in each levy year, keep records of—

  • (a) the name and address of each grower from whom wheat grain or wheat grain product was bought; and

  • (b) the tonnage of wheat grain bought from each grower; and

  • (c) the tonnage of wheat grain product bought from each grower; and

  • (d) the amount of levy collected and paid to the organisation for each quantity of wheat grain or wheat grain product bought from each grower; and

  • (e) the amount of collection fee deducted by the collection agent from each payment of levy money to the organisation on the grower's behalf.

  (3) The organisation must, in each levy year, keep records of—

  • (a) each amount of levy paid to it; and

  • (b) the name and address of each grower or collection agent who paid each amount of levy and the date on which it was received; and

  • (c) how levy money was spent or invested.

  (4) The records required by this clause must be retained for at least 2 years after the end of the levy year to which they relate.