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Company and corporateCommonwealthMinimum retention

Company books after deregistration

How long should Australian businesses keep company books after deregistration, and when does the clock start?

Keep for3 years
Clock startsDeregistration
Applies toFormer directors of a deregistered company

General information, not legal advice or permission to destroy a record. Coverage may be incomplete or out of date. Check the official text, other applicable obligations and any investigations, disputes or legal holds before disposal. Get advice for your situation. Terms of use.

Under the Corporations Act 2001, former directors of a deregistered company must keep company books after deregistration for at least 3 years. Clock starts: deregistration.

The books of a company that has been deregistered (other than after a liquidation).

This is the Corporations Act 2001 requirement. The same records can also fall under other laws. See other terms that apply.

The terms

s 601AD(5)Corporations Act 2001
3 years
after the deregistration

Conditions and exceptions Caution

From the provisions:

  • Does not apply to books that a liquidator has to keep under subsection 542(2), or subsection 70-35(1) of Schedule 2 (retention and return or destruction of books)

The law

Corporations Act 2001, s 601AD(5) · Effect of deregistrationOfficial text ↗
The directors of the company immediately before deregistration must keep the company's books for 3 years after the deregistration.
Text as at 19 September 2026

Other terms that apply to these records

This page covers company books after deregistration on their own. The same file is often caught by other laws as well, with different periods and start dates. See why a legal term is not a schedule.

3 records. 3 sets of rules. They don't agree.

One business file can hold all of these at once.

Company books after deregistration3yCorporations Act 2001, s 601AD(5) · deregistration
Company financial records7yCorporations Act 2001, s 286(1)–(2) · the transactions are completed
Books in external administration5yCorporations Act 2001, IPS s 70-35(1), IPS s 70-10(1) · the external administration ends

Now do that for every record your organisation holds, and redo it when the law changes. ScheduleOne has done that work, and keeps it current.

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