(1) The holder of an authorisation shall -

(a) retain at an office or other premises in the State such records as may be specified by the Minister, and

(b) notify the Minister in writing of the address of any office or other premises where those records are retained.

(2) The requirement imposed by subsection (1) is in addition to, and not in substitution for, any other requirements imposed under any other enactment or rule of law with respect to the retention of records by the holder of an authorisation, including the requirements specified in section 55.

(3) The holder of an authorisation shall retain the records referred to in subsection (1) for a period of not less than 6 years after -

(a) in the case of a record made in relation to a customer of the holder, the last dealing with the customer, or

(b) in any other case, the record is made.

(4) The holder of an authorisation may keep the records referred to in subsection (1) wholly or partly in an electronic, mechanical or other non-written form only if they are capable of being reproduced in a written form.