Companies Act 2014 section 558ZAH

Retention of records

Section 558ZAH requires a process adviser appointed to a small or micro company rescue process to retain all relevant records for a minimum period of six years.

• A process adviser appointed to an eligible company must retain records relating to the rescue process.
• Records must be kept in whatever form or manner is prescribed by regulation.
• The minimum retention period is six years from the completion of the activity to which each record relates.
• This obligation applies regardless of the outcome of the rescue process.