(1) In this section -
"the Acts" has the meaning assigned to it by section 1078(1);
"associated institution", in relation to a financial institution, means a person that -
(a) is controlled by the financial institution (within the meaning of section 432), and
(b) is not resident in the State;
"authorised officer" means an officer of the Revenue Commissioners authorised by them in writing to exercise the powers conferred by this section;
"books, records or other documents" includes -
(a) any records used in the business of an associated institution, or used in the transfer department of an associated institution acting as registrar of securities, whether -
(i) comprised in bound volume, loose-leaf binders or other loose-leaf filing system, loose-leaf ledger sheets, pages, folios or cards, or
(ii) kept on microfilm, magnetic tape or in any non-legible form (by the use of electronics or otherwise) which is capable of being reproduced in a legible form,
(b) every electronic or other automa
…