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TEA-1400 Library Services: Collection Development and Acquisitions

Description

Consists of records relating to the acquisition of print and electronic materials for UOIT's libraries to support the teaching and research functions of the University. Records may include consortium membership and correspondence, research of options, model licenses, license negotiations, subscription renewals, ownership transfer documents, evaluations. 

These activities will result in contracts and agreements. Final executed agreements are considered part of CMP-0300 Contracts and Agreements. 

For formal procurement records related to acquisitions, see: FIN-0300 Procurement.

Retention Trigger

Last action

Retention

Trigger + 7 years

Responsible Unit(s)

Library

Source

 

Records System

 

Citations

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

Record Authority

University Librarian

Disposition

Archival review

Records Arising from Activity

 

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 to which they relate.

Personal Information

No

Vital Record

No

Protection

Medium