You are looking at a part of the Commerce Act 1986 called section 57B, which is about keeping records for control purposes. This section was repealed, which means it is no longer part of the law, on 14 October 2008. It was repealed by section 4 of the Commerce Amendment Act 2008, which you can find on the New Zealand legislation website.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM88452.
