Record-keeping8

1

A seller must keep a record of the information specified in paragraph (3) for every reporting year.

2

Records must be retained by a seller for a period of three years beginning on 31 May in the reporting year following that to which a record relates.

3

The information is—

a

the number of single use carrier bags supplied which attract the charge;

b

the amount received by way of consideration for single use carrier bags which attract the charge;

c

the amount received by way of the charge;

d

the net proceeds of the charge4;

e

a breakdown of how the amount which represents the difference between the amount received by way of the charge and the net proceeds of the charge has been arrived at, including—

i

the apportionment between any chargeable VAT and reasonable costs;

ii

the apportionment between different heads of reasonable costs;

f

the uses to which the net proceeds of the charge have been put.

4

The following are the amounts specified for the purposes of the definition of “net proceeds of the charge” in paragraph 7(4) of Schedule 6 to the Climate Change Act 20085—

a

any amount in excess of the charge received by way of consideration for single use carrier bags which attract the charge;

b

any amount of chargeable VAT received by way of the charge;

c

the amount of any reasonable costs.

5

In this regulation “reasonable costs” (“costau rhesymol”) means—

a

costs reasonably incurred by a seller to enable the seller to comply with these Regulations;

b

costs reasonably incurred by a seller to enable the seller to communicate information about the charge to customers.

• This is subject to paragraph (6).

6

In relation to the first reporting year, “reasonable costs” includes costs reasonably incurred by a seller before the date on which these Regulations come into force —

a

to enable the seller to comply with these Regulations;

b

to enable the seller to communicate information about the charge to customers.