South Bank Corporation (Modified Building Units and Group Titles) Regulation 2026
sec.25Retention of records etc.—modified Act, s 38D
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sec.25 Retention of records etc.—modified Act, s 38D
For section 38D (1)(b) of the modified Act, the following times are prescribed— 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; 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;
- (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.