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ASIC Corporations (Managed Discretionary Account Services) Instrument 2016/968
912AFDRecord keeping
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912AFD Record keeping
The external MDA custodian must keep:
(a) each contract it enters into under subsection 912AFA(1) for at least 7 years after the contract is terminated; and
(b) any Financial Services Guide given to a person under section 912AFC together with records showing to whom and when the Financial Services Guide was given for at least 7 years after the financial services to which the guide relates were last provided.