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Date: | Tue, 12 Aug 2008 10:45:50 -0400 |
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Sorry, if this is a repeat, but I can't seem to find it in the
archives....
I have 2 questions that I can best put forward as two examples with
questions:
Example 1: "The Law"
The law was changed for record X in 2008. The law was "Keep record X
for 50 years." The law as of Jan 1 2008 states "Keep record X for 25
years." There is no mention of the retroactivity.
Q1: Can I toss all records after 25 years, or will I have to keep
records prior to 2008 for 50 years?
Example 2: "Best Business Practice"
Business process analysts determine that record Y is kept too long.
Previously, the practice was to "Keep record Y for 50 years." The BPA
creates a new procedure which goes in effect on January 1, 2008. It
states "Keep record Y for 25 years."
Q2: Should I toss all records after 25 years, or should I keep records
prior to 2008 for 50 years?
As always, TIA!
Best,
Chuck
Chuck Piotrowski
Information Asset Management Program
CVPS
www.cvps.com
This computer runs on Cow Power!
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