34(1)Each taxable company must—U.K.
(a)keep such records as may be needed to enable it to establish and verify the amount of bank payroll tax payable by it and to deliver a correct and complete bank payroll tax return, and
(b)preserve those records, and any other relevant records, until the end of 31 August 2016.
(2)Other relevant records are records that—
(a)may be needed for a purpose mentioned in sub-paragraph (1)(a), and
(b)are in the company's possession or power immediately before the commencement of this Schedule.
(3)The obligation under sub-paragraph (1)(b) may be discharged by—
(a)preserving the records in any form and by any means, or
(b)preserving the information contained in them in any form and by any means.
(4)The obligation under sub-paragraph (1)(b) includes an obligation to preserve supporting documents (such as contracts, accounts and correspondence).