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You are here: Home / Bylaws / Bylaws TAS / TAS: Q&A How long should we keep records of the AGM?

TAS: Q&A How long should we keep records of the AGM?

Published December 4, 2018 By Janene van Maanenberg Leave a Comment Last Updated November 23, 2019

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This Q&A about the length of time required to keep records of the AGM has been answered by Janene van Maanenberg, Professional Body Corporate Management.

Question: How long do we need to keep records of the AGM, specifically the Financial Reports & Secretary’s Report?

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Answer: Our company policy is to keep all hard copies of records for 7 years.

According to the ATO current requirements, financial records are required to be held for a minimum of five years.

Our company policy is to keep all hard copies of records for 7 years. In the event that there is unusual information pertaining to for example, a change of by-laws, we would recommend keeping those records indefinitely.

It is advisable that all AGM documents are kept in a secure electronic format indefinitely.
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Read More:

  • Insurance Commissions Within the Strata Industry
  • NSW: Record Keeping in Strata Schemes
  • Strata Living in Tasmania

This post appears in Strata News #220

Janene van Maanenberg
Professional Body Corporate Management
E: [email protected]
P: 0417 365 352

Visit Strata By-Laws and Legislation OR Strata Law Tasmania.

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