Finance
Records relating to the management of York University and unit financial resources.
FIN15
Research Accounting
Consists of records relating to management of research grants and contracts. Records may include award notices (including Minor Research grants), lists of individuals receiving allowances (e.g. Fellows of the Royal Society, Distinguished Research Professors) from York, applications to open research budget account, financial reports, budget amendments, supporting documents for the control of research grant budget, analyses, overhead journal files and correspondence.
Office of Primary Responsibility
Finance
Retention
7 years after last action
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