(1) Trustees of any trust scheme shall keep -

(a) records of their meetings (including meetings of any of their number) in accordance with regulation 13; and

(b) books and records relating to any of the following transactions -

(i) any amount received in respect of any contribution payable in respect of an active member of the scheme;

(ii) the date on which a member joins the scheme;

(iii) payments of pensions and benefits;

(iv) payments made by or on behalf of the trustees to any person including a professional adviser and such records to include the name and address of the person to whom payment was made and the reason for that payment;

(v) any movement or transfer of assets from the trustees to any person including a professional adviser and such records to include the name and address of the person to whom the assets were moved or transferred and the reason for that transaction;