Singapore legislation
Section 12
Section 12
Books of account
(1)
Every licensee mentioned in section 10 shall keep books of account in which shall be entered day by day the following particulars concerning all purchases, deliveries, sales, shipments and other consignments of rubber;
the date of purchase, delivery, sale or consignment;
the name and address of the seller, consignor, purchaser or consignee;
the weight and description of the rubber purchased, delivered, sold or consigned;
the price, in cases of purchase or sale;
in the case of rubber grown or produced on land in Singapore, the mukim number or name and lot number of the land on which the rubber was grown or produced:Provided that the particulars mentioned in paragraph (e) shall not be required to be so entered in respect of deliveries, sales, shipments or other consignments by a licensed dealer.
(2)
Every licensee shall, on demand produce for the inspection of any such officer as is mentioned in section 11, all books kept by him under this section and allow copies to be made thereof.
(3)
Every such book shall be preserved by the licensee for one year from the date of its last being used for the making of an entry therein.