Commonwealth Consolidated Acts

PRODUCT GRANTS AND BENEFITS ADMINISTRATION ACT 2000 - SECT 26

             (1)  This section sets out the pre‑claim record‑keeping requirements that apply to you in relation to a grant or benefit in respect of a particular claim period.

             (2)  You must:

                     (a)  keep records that enable you to substantiate your claim for the grant or benefit; and

                     (b)  retain those records until you make the claim.

Note:          Section 27 provides that you must continue to retain those records for 5 years after you make the claim.

             (3)  The records must be:

                     (a)  in English; or

                     (b)  readily accessible, and easily convertible into English.

             (4)  You are taken to have met the requirement set out in paragraph (2)(a) if you keep records of a kind, and in a manner, specified in a written determination made by the Commissioner.

Note:          Sections 8L, 8Q and 8T of the Taxation Administration Act 1953 deal with keeping records incorrectly.