Document ID: chunk:federal_register_of_legislation:F2025C00037:reg:55
Version: federal_register_of_legislation:F2025C00037
Segment Type: reg
Provision Reference: reg 55
Character Range: 55877–58353

55  Record‑keeping requirements
 (1) A processor that is a party to a milk supply agreement with a farmer must keep the originals, or copies, of the following records for the period mentioned in subsection (3):
 (a) if the agreement is in writing—the agreement;
 (b) if the agreement is not in writing:
 (i) the record of the contents of the agreement made under paragraph 18(2)(a); and
 (ii) the acknowledgement (if any) obtained from the farmer under paragraph 18(2)(c);
 (c) if the agreement is varied in writing—the variation;
 (d) if the agreement is varied other than in writing:
 (i) the record of the variation made under paragraph 19(2)(a); and
 (ii) the acknowledgement (if any) obtained from the farmer under paragraph 19(2)(c);
 (e) if the agreement is terminated in writing—the termination;
 (f) if the agreement is terminated other than in writing:
 (i) the record of the termination made under paragraph 20(2)(a); and
 (ii) the acknowledgement (if any) obtained from the farmer under paragraph 20(2)(c);
 (g) any notice given to the farmer under the agreement as mentioned in paragraph 25(e);
 (h) any statement given to the farmer under the agreement as mentioned in paragraph 25(f);
 (i) any notice given to the farmer under the agreement as mentioned in subsection 28(4)(c);
 (j) any notice of fees given to the farmer under the agreement as mentioned in paragraph 29(2)(b);
 (k) any extension notice given by the farmer under the agreement as mentioned in subsection 36(2).
Civil penalty: 300 penalty units.
 (2) A farmer who is a party to a milk supply agreement must keep the originals, or copies, of the following records for the period mentioned in subsection (3):
 (a) if the agreement is in writing—the agreement;
 (b) if the agreement is not in writing—the record of the contents of the agreement given under paragraph 18(2)(b);
 (c) if the agreement is varied in writing—the variation;
 (d) if the agreement is varied other than in writing—the record of the variation given under paragraph 19(2)(b);
 (e) if the agreement is terminated in writing—the termination;
 (f) if the agreement is terminated other than in writing—the record of the termination given under paragraph 20(2)(b).
Civil penalty: 100 penalty units.
 (3) A record, or a copy of a record, must be kept for the period:
 (a) starting on the day on which the record is made or given; and
 (b) ending on the last day of the 6 years beginning on the day the milk supply agreement ends.