12. Section 55 of the Act of 2010 is amended—

(a) in subsection (4), by the substitution of “shall be retained by the designated person” for “shall be retained by the designated person, at an office or other premises in the State,”, and

(b) by the insertion, after subsection (7) of the following subsection:

“(7A) The records required to be kept by a designated person under this section may be kept outside the State provided that the designated person ensures that those records are produced in the State to—

(a) a member of the Garda Síochána,

(b) an authorised officer appointed under section 72,

(c) a relevant authorised officer within the meaning of section 103, or

(d) a person to whom the designated person is required to produce such records in relation to his or her business, trade or profession,

as soon as practicable after the records concerned are requested, or where the obligation to produce the records arises under an order of a court made under section 63 of the Criminal Justice Act 1994, within the period which applies to such production under the court order concerned.”.