Which ONE of the following statements about retention of records by a broker is true?
A) All records described on the (a)(1)(A) List, other than powers of attorney, must be retained for a reasonable period of time and retained in the Customs port to which they relate.
B) All records described on the (a)(1)(A) List, other than powers of attorney, must be retained for a period of at least 5 years and must in every case be retained in the Customs port to which they relate.
C) All records described on the (a)(1)(A) List, other than powers of attorney, must be retained for a period of at least 5 years and may be consolidated at one or more locations, provided advance notice of consolidation is submitted to the Director, Regulatory Audit Division, Miami.
D) All records described on the (a)(1)(A) List, other than powers of attorney, must be retained for a period of at least 5 years and may be consolidated at one or more locations, provided advance notice of consolidation is submitted to the Commissioner of Customs.
E) All records described on the (a)(1)(A) List, including powers of attorney, must be retained for a period of at least 5 years and may be consolidated at one or more locations, provided advance notice of consolidation is submitted to the Commissioner of Customs.
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The Answer is: C
Citation: 19 CFR 111.23
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