The 7-year electronic-retention envelope that recurs across the AML/CTF Act 2006 (s.107 record-keeping), the Privacy Act 1988 (records of personal information), and NSW gaming-machine recordkeeping under the Gaming Machines Regulation. The retention obligation typically attaches to the latest of: the transaction date, the end of the customer relationship, or the closure of an investigation. Storage must remain accessible, tamper-evident, and exportable in a form the regulator can read.
This term sits in the reporting & records section of the working glossary — vocabulary for statutory reporting cadences, evidence retention, and inspection-ready record discipline.
The statutory minimum period a record must be kept. AML/CTF records: 7 years (most classes; see ss.107–116 for…
Chronological record of an action's lifecycle — who did what, when, on what record, with what supporting conte…
A single timestamped record in the gambling incident register or the liquor incident register. Must capture th…
A coordinated record-pack assembled for a specific inspection, board review, or regulator response — pulling t…
Periodic regulator submission required of NSW clubs and hotels with EGMs — typically gaming-machine activity, …
The yearly filing a registered club makes — typically including the financial report, board composition, membe…