25Periods for retention of lodged documents

25 Periods for retention of lodged documents

25 Periods for retention of lodged documents

(1) For the purposes of paragraph (b) of the definition of written demand in section 196 (2) of the Act, the period prescribed is the period of 7 years commencing with the day on which the plan or other document was lodged.

(2) For the purposes of paragraph (c) of the definition of written demand in section 196 (2) of the Act, the period prescribed is the period of 7 years commencing with the day on which the plan or other document was registered or recorded.