221.302.3AOOFederal Council OrdinanceSep 1, 2007Original source
The Oversight Authority shall store the records for each person and each company separately and in chronological order.
A person’s or company’s records shall be stored for 20 years from the last addition. If a person or a company is deleted from the register, the records may be destroyed ten years following deletion. This does not apply if a company is deleted due to merger, demerger or other restructuring circumstances.
Once the safekeeping period has elapsed, the records shall be offered to the Federal Archives for archiving. Records that the Federal Archives do not consider to be worthy of archiving shall be destroyed.
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