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South Bank Corporation (Modified Building Units and Group Titles) Regulation 2014
sch.1-sec.25Retention of records etc.
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### sch.1-sec.25 Retention of records etc.
For section 38D (1)(b) of the modified Act—
a body corporate for a leasehold building units plan must keep minutes of its meetings until the day the leasehold building units plan is extinguished; and
a body corporate must keep books of account for moneys received or expended by the body corporate for 6 years after the day a statement of the accounts is submitted to an annual general meeting.
(amended)
- (a) a body corporate for a leasehold building units plan must keep minutes of its meetings until the day the leasehold building units plan is extinguished; and
- (b) a body corporate must keep books of account for moneys received or expended by the body corporate for 6 years after the day a statement of the accounts is submitted to an annual general meeting.