<p>(1) A licensee shall retain the following records for a period of at least one&nbsp;year:</p>

<ol>
<li>Records of the purchases of liquor offered for sale in the licensed premises or at the location of a catered&nbsp;event.</li>
<li>Records of the sales of liquor in the licensed&nbsp;premises</li>
</ol>

<p>(2) The records must include invoices for the Licensee&rsquo;s purchases of liquor under its&nbsp;licence.</p>