95Obligation to retain financial records for 7 years

95  Obligation to retain financial records for 7 years Requirement to retain financial records  (1) A licensee that is required by this Division to make a financial record must retain it for 7 years after the transactions covered by the record are completed. Regulations  (2) The regulations may prescribe financial records to which subsection (1) does not apply. Records to be kept even if person stops carrying on business  (3) Financial records must be retained in accordance with this section, even if the person stops carrying on any business to which they relate.