sec.10Retaining records— Act , s 38D (1) (b)

sec.10 Retaining records— Act , s 38D (1) (b)

For section 38D (1) (b) of the Act , the prescribed time is— for minutes of meetings of a body corporate—until the day the plan whose registration incorporated the body corporate is extinguished under section 25 (1) of the Act ; and for books of account of a body corporate—6 years after the day a statement of accounts prepared from the books of account is adopted by a general meeting of the body corporate.

• (a) for minutes of meetings of a body corporate—until the day the plan whose registration incorporated the body corporate is extinguished under section 25 (1) of the Act ; and
• (b) for books of account of a body corporate—6 years after the day a statement of accounts prepared from the books of account is adopted by a general meeting of the body corporate.