17Records of income and expenditure must be appropriately kept, maintained and readily accessible

17 Records of income and expenditure must be appropriately kept, maintained and readily accessible

17 Records of income and expenditure must be appropriately kept, maintained and readily accessible

(1) For the purposes of the Act, section 22(2), records of income and expenditure must be kept and maintained as follows—

(a) in English, or readily accessible and easily convertible into English,

(b) for a period of at least 7 years, or for a shorter period approved in writing by the Minister, after the income or the expenditure to which the records relate is received or incurred.

(2) The records must identify the charitable purpose for which money or benefit was received or paid in the course of a fundraising appeal.

(3) The records must be kept, maintained and readily accessible for the purpose of the auditing of the records under section 18.