Victorian Numbered Acts

UNCLAIMED MONEY ACT 2008 (NO. 44 OF 2008) - SECT 24

A business or trustee that is required by this Act to keep a record must retain the record, or cause the record to be retained, for not less than 5 years after—

        (a)     the date it was made or obtained; or

        (b)     the date of completion of the return or statement to which that record relates—

whichever is the later.

Penalty:     In the case of a natural person, 60 penalty units;

In the case of a body corporate, 120 penalty units.