(1) A person must make and keep records of every act, transaction, event or circumstance relating to the following:
(a) any action taken by the person that is a significant action, notifiable action or notifiable national security action to the extent that the records are relevant to an order or decision under Part 3;
(aa) any action taken by the person that is a reviewable national security action notified to the Treasurer to the extent that the records are relevant to an order or decision under Part 3;
(b) an action taken by the person that is specified in an exemption certificate;
(c) whether the person is complying with a condition in a no objection notification or an exemption certificate;
(ca) whether the person is complying with a condition in a notice imposing conditions;
(d) the disposal of an interest in residential land by the person if the acquisition of the interest by the person:
(i) was a significant action, notifiable action or notifiable national security action; or
(ii) would have been a significant action, notifiable action or notifiable national security action if the action had not been specified in an exemption certificate; or
(iii) was a reviewable national security action notified to the Treasurer; or
(iv) was an action in respect of which the Treasurer gave a notice under subsection 66A(4);
(e) any register notice that the person is required to give to the Registrar.
(2) The records must be:
(a) in English, or readily accessible and easily convertible into English; and
(b) such as to enable the acts, transactions, events or circumstances mentioned in subsection (1) to be readily ascertained.