(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.