Part 10
Automatic deductions
Miscellaneous provisions
177Records to be kept by payer
A payer shall—
- keep records that record and explain—
- all amounts deducted, or required to be deducted, from any money payable to a liable person under section 159; and
- other acts engaged in by the payer, or required to be engaged in by the payer, under this Part; and
- all amounts deducted, or required to be deducted, from any money payable to a liable person under section 159; and
- retain those records for a period of not less than 7 years.
The records shall be kept—
- in writing in the English language or so as to enable the records to be readily accessible and convertible into writing in the English language; and
- so as to enable the matters and acts referred to in subsection (1)(a) to be readily ascertained.
Nothing in this section shall require a person to retain records where the Commissioner has notified the person that retention of the records is not required.