(1) If a transaction
record is in the Commissioner’s possession or control, the Commissioner
may destroy the record if —
(a) 6
years have elapsed since the original assessment of the amount of duty payable
on the dutiable transaction was made; and
(b) any
amount that remains unpaid under a duties Act on the dutiable transaction has
been written off under the Taxation Administration Act .
(2) Subsection (1)
also applies to relevant material relating to the dutiable transaction.