Accepts a translation of Keats (5)
I believe the answer is:
'accepts' is the definition.
('take' can be a synonym of 'accept')
'a translation of keats' is the wordplay.
'a translation of' is an anagram indicator (I've seen this in other clues).
'keats' with letters rearranged gives 'TAKES'.
(Other definitions for takes that I've seen before include "sections of film", "Seizes", "Steak (anag.)", "Filmed scenes", "Steals".)