[wellylug] NZ laws on Data retention

[Michael Robinson]

> On Tuesday 21 June 2005 09:23, Michael Robinson wrote:
> > Loans (mortgages, principally) can be contested in court up to 7
> > years *after* the termination of the loan contract.  So for banks,
> > the theoretical retention period is 37 years (30 year loan + 7).

On Tue, Jun 21, 2005 at 10:49:03AM +1200, bob dugan wrote:
> A 30 year mortage represented by a deed 
> may need to be held for 42 years.  

Trust him, not me.  He obviously knows more than I do.  :)
    -- michael.