RETENTION OF DOCUMENTATION POLICY
The statutory time requirement for the retention of financial documentation in Ireland is seven years. However, specific European Union funded initiatives require that all documentation including invoices, travel expenses, procurement documentation and bank statements should be kept for an extended period. Details are as follows:
Retention Period |
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| European Regional Development Fund (ERDF) 2000-2006 (HEA PRTLI Cycles 1-3) |
15 Years |
| European Regional Development Fund (ERDF) 2007-2013 (HEA Cycles 4-5) | 15 Years |
| ESF Third Level Access Measure 2000-2006 | 15 Years |
| ESF Third Level Access Measure 2007-2013 | 15 Years |
For the 2000-2006 ERDF and ESF measures, documentation should be retained until at least 31 December 2015 and should not be disposed of after this date without confirmation from the ERDF and ESF Managing Authorities.
For the 2007-2013 ERDF and ESF measures, documentation should be retained until at least 31 December 2022 and should not be disposed of after this date without confirmation from the ERDF and ESF Managing Authorities.
UCD’s ERDF Procedures Manual can be accessed via the following link: UCD’s ERDF Procedures Manual [PDF]
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