Finance
Records relating to the management of York University and unit financial resources.
FIN18
Student Accounts
Consists of records relating to collection and management of tuition and other fees payable by York students. Records may include student accounts statements, records dealing with invoicing, payments and recoveries of tuition fees, issue of receipts for tax purposes or tuition or other fees.
Office of Primary Responsibility
Student Financial Services
Retention
7 years after payment of account or closing of file
Disposition
Destroy
Other Copies
Retention
2 years after last action
Disposition
Destroy
See Also
Retention Rationale
The Income Tax Act, R.S.C. 1985, c. 1 (5th Supp.) s.230 (4)(b) requires that books and records be kept until the expiration of six years from the end of the last taxation year.
Approved by University Secretary and General Counsel on 2008-06-20