Northern Territory Consolidated Regulations

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NORTHERN TERRITORY TREASURY CORPORATION INSCRIBED STOCK REGULATIONS 1998 - REG 34

Preservation and destruction of records

    (1)     The registrar is to preserve all records relating to stock until their destruction is authorised by the Corporation in accordance with subregulation (2).

    (2)     Where:

        (a)     a record relating to stock is no longer required for the purposes of the Corporation or the audit of the accounts of the Corporation; and

        (b)     it is otherwise lawful to destroy the record,

the Corporation may authorise the registrar to cause the record to be destroyed.



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