180Certain records to be retained for prescribed period

#### 180 Certain records to be retained for prescribed period 180 Certain records to be retained for prescribed period > > (1) An owners corporation must cause the following to be retained for 7 years— > > > > > (a) any records, notices and orders required to be kept under this Division or Part 10 of the [Strata Schemes Development Act 2015](/view/html/inforce/current/act-2015-051), > > > > > (b) minutes of meetings required to be kept under Schedule 1 or Schedule 2, > > > > > (c) its financial statements and accounting records, > > > > > (d) copies of correspondence received and sent by the owners corporation, > > > > > (e) notices of meetings of the owners corporation and its strata committee, > > > > > (f) proxies delivered to the owners corporation, > > > > > (g) voting papers relating to motions for resolutions by the owners corporation and to the election of officers or the establishment of a strata renewal committee (under Part 10 of the [Strata Schemes Development Act 2015](/view/html/inforce/current/act-2015-051)), > > > > > (h) a copy of any signed strata managing agent agreement or building manager agreement entered into by the owners corporation, > > > > > (i) records given to the owners corporation by the strata managing agent relating to the exercise of functions by the agent, > > > > > (j) any other documents prescribed by the regulations for the purposes of this section. > > > > Maximum penalty—5 penalty units. > > > (2) The regulations may prescribe a different period for which any or all of the things referred to in subsection (1) are required to be retained.