(a) Each automotive recycler shall keep accurate and complete records of all vehicles or motor vehicles acquired in the business. The records shall be maintained in an accessible place and shall contain the following information:
(1) The names and addresses of the person or persons from whom the vehicle was acquired and/or sold;
(2) The date of acquisition and sale of the vehicle; and
(3) Documentary evidence of ownership as required by the Department.
(b) During business hours, vehicles, parts thereof, and records and premises of the automotive recycler shall be open to inspection by the Department or any police officer while discharging official duties.