(1) In this section -

"associated company", in relation to a paying agent, means a company which is itself a paying agent and which is the paying agent's associated company within the meaning of section 432;

"authorised officer" means an officer of the Revenue Commissioners authorised by them in writing to exercise the powers conferred by this section;

"books, records or other documents" includes -

(a) any records used in the business of a paying agent or used in the transfer department of a paying agent acting as a registrar of securities, whether -

(i) comprised in bound volumes, loose-leaf binders or other loose-leaf filing system, loose leaf ledger sheets, pages, folios or cards, or

(ii) kept on microfilm, magnetic tape or in any non-legible form (by the use of electronics or otherwise) which is capable of being reproduced in a legible form,

(b) every electronic or other automated means, if any, by which any such thing in non-legible form is so capable of being reproduced,