88Return of documents belonging to incorporated association

88 Return of documents belonging to incorporated association (1) This section applies if— (a) a person, by virtue of the person's office or role in or membership of an incorporated association, has in the person's custody relevant documents of the association; and (b) the person ceases to hold that office or have that role or ceases to be a member of the association. (2) Within 28 days after the person ceasing to hold that office or have that role or ceasing to be a member, the person, or the estate of the person, must return the original copies of any relevant documents to the committee of the association. (3) If— (a) a person, or a person's estate, has failed to comply with subsection (2); and (b) a written request from the secretary or the statutory manager of the association for the return of the documents has been sent by registered mail to the person, or the person's estate; and (c) the documents have not been returned within 28 days after receipt of the request— the association may apply to the Magistrates' Court for an order directing the person, or the executor or administrator of the estate of the person, to return the documents to the association. (4) The Magistrates' Court may make the order applied for under subsection (3). Part 7—Financial reporting Division 1—General requirements 89 Obligation to keep financial records (1) An incorporated association must keep financial records that— (a) correctly record and explain its transactions and financial position and performance; and (b) would enable true and fair financial statements to be prepared in accordance with this Part. (2) The incorporated association must retain the financial records for 7 years after the transactions covered by the records are completed.