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Ontario Tech acknowledges the lands and people of the Mississaugas of Scugog Island First Nation.

We are thankful to be welcome on these lands in friendship. The lands we are situated on are covered by the Williams Treaties and are the traditional territory of the Mississaugas, a branch of the greater Anishinaabeg Nation, including Algonquin, Ojibway, Odawa and Pottawatomi. These lands remain home to many Indigenous nations and peoples.

We acknowledge this land out of respect for the Indigenous nations who have cared for Turtle Island, also called North America, from before the arrival of settler peoples until this day. Most importantly, we acknowledge that the history of these lands has been tainted by poor treatment and a lack of friendship with the First Nations who call them home.

This history is something we are all affected by because we are all treaty people in Canada. We all have a shared history to reflect on, and each of us is affected by this history in different ways. Our past defines our present, but if we move forward as friends and allies, then it does not have to define our future.

Learn more about Indigenous Education and Cultural Services

ITS-0230 Asset Management: Disposition

Description

Consists of records relating to the decommissioning of IT assets through sale to students, faculty, staff or another organization. Includes receipts, agreements, correspondence relating to the sale.

Retention Trigger

Disposition of asset

Retention

Trigger + 7 years

Responsible Unit(s)

IT Services

Source

IT Services, purchaser

Records System

Banner, Paper

Citations

Income Tax Act, R.S.C. 1985, c.1 (5th Supp.) s.230 (4)(b)

Record Authority

Associate Provost

Disposition

Secure destruction

Records Arising from Activity

  • Receipts
  • Transaction and payment processing
  • Records of setting up sales
  • Learning Tool Transfer Agreement (Schedule C)

Retention Rationale

The Income Tax Act requires that books and records be kept until the expiration of six years from the end of the last taxation year.

Personal Information

Yes

Vital Record

No

Protection

Medium