New Zealand Legislation: Regulations

23 Records to be retained by Council

• The Council must keep, and retain for 2 years after the end of the levy year in which it was paid or invested or spent (as the case may be),—

  • (a) records of every amount of levy money paid to it and, in relation to each amount,—

    • (i) the day on which it was received; and

    • (ii) the person who paid it; and

  • (b) records of—

    • (i) how (if at all) levy money paid to it was invested; and

    • (ii) how and when all money spent by it was spent.