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reg 25

Retention of records etc.

In force
Schedule 1Modified Building Units and Group Titles Regulation
Part 6General

25 Retention of records etc.

For section 38D(1)(b) of the modified Act—

(a)

a body corporate for a leasehold building units plan must keep minutes of its meetings until the day the leasehold building units plan is extinguished; and

(b)

a body corporate must keep books of account for moneys received or expended by the body corporate for 6 years after the day a statement of the accounts is submitted to an annual general meeting.

(amended)

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