Trustee Savings Banks Act, 1989

Retention by trustee savings bank of records, receipts and similar documents.

40.—(1) A trustee savings bank shall retain—

(a) its books and records and its receipts and similar documents, or

(b) copies thereof that are in a legible form or in a non-legible form that is capable of being reproduced in a permanent legible form,

for a period of at least 6 years.

(2) A person who contravenes subsection (1) shall be guilty of an offence.