49.1 The Company shall maintain accurate accounting records in the currency of the Host State in accordance with the [Applicable Law]/[insert reference to relevant international financial reporting standard, e.g., International Accounting Standards (IAS) or International Financial Reporting Standards].

49.2 The Company shall keep in the Host State complete, accurate, and up-to-date technical and commercial books and records of all agricultural operations under this Agreement.

49.3 The Company shall supply and file such technical and commercial information, reports, returns and statements at such times and in such form as may be required by this Agreement and the Applicable Law.

49.4 All books and records shall be maintained and made available for inspection by an auditor appointed under and in accordance with this Agreement for six (6) years following the calendar year in which the books and records were created or, if longer, the relevant period required by the Applicable Law.

49.5 The Company shall maintain all financial, employment, commercial and other books and records and comply with all other reporting and filing obligations under the Applicable Law and shall conduct its activities in accordance with the Applicable Law.

For more information: See generally IISD, 2014, Section 7.3 (Accounts and Records); ISLP & CCSI, Section 2.14 (Monitoring and Audits); UNIDROIT & IFAD 2021, Section 4.171 (Reporting on Financial and Non-Financial Obligations).