7.—(1) Subject to paragraphs (2) and (3) below, an applicant–
(a)in the case of a grant for the purchase of heritable property, for a period of ten years; and
(b)in any other case, for a period of five years, following the last payment of grant under these Regulations,
shall–
(i)retain all invoices, accounts and other relevant documents in relation to the application and produce them for inspection if required to do so by the Scottish Ministers; and
(ii)provide such additional information in relation to the investment or project or the grant monies paid in pursuance of that investment or project as the Scottish Ministers may require.
(2) If the applicant transfers the original of any such document to another person in the normal course of business, the duty under paragraph (1) above shall be treated as having been fulfilled if there is kept a copy of that document for the applicable period.
(3) Paragraph (1) above shall not apply if, and for as long as, the document has been removed by an authorised person under regulation 8(3)(d).