A legal requirement that a person retains information that is in writing, is satisfied by retaining the information in electronic form, and—
(a) having regard to all the relevant circumstances when the electronic form of the information was generated, the method of generating the electronic form of the information provided a reliable means of assuring the maintenance of the integrity of the information contained; and
(b) when the electronic form of the information is generated, the information contained in the electronic form is accessible so as to be usable for subsequent reference to any person entitled to have access to the information or to require its production.