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25.—(1) A local action group must–
(a)retain copies of all invoices, accounts and other relevant documents in relation to the application and produce them for inspection if required to do so by an authorised person; and
(b)provide such additional information in relation to the project or the local action group grant monies paid in pursuance of that project as Ministers may require.
(2) The duties in paragraph (1) apply–
(a)in the case of a local action group grant for the purchase of heritable property, for a period of 10 years;
(b)in any other case, for a period of 5 years;
(in either case) following the last payment of local action group grant under these Regulations.
(3) If the local action group transfers the original of any document referred to in paragraph (1) to another person in the normal course of business, the duty under paragraph (1) is treated as fulfilled if the applicant keeps a copy of that document for the applicable period.
(4) Paragraph (1) above does not apply to any document held by an authorised person which has been removed under regulation 15(4)(f).
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