Record keeping
8B Record keeping
A recipient who, after the commencement of this section, disposes of unclaimed goods under section 6A or pursuant to an order under section 6D must make a record of the disposal that contains the following information:
a description of the goods;
the date on which the goods were disposed of;
the manner in which the goods were disposed of;
if the goods were sold—
the name and address of the purchaser of the goods; and
the amount the purchaser paid for the goods; and
the amount retained by the recipient consequent on the operation of section 8.
A recipient who hands over goods to an owner of the goods in accordance with section 7(1) (in a case where the owner was not the provider of the goods) must make a record of the name and address of the owner.
A recipient must keep a record made under this section for a period of
6 years from the date on which the goods were disposed of.
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