There is no local storage requirement in the Data Protection Act. However, According to Section 56(1) of the Financial Leasing Act, every financial leasing institution shall maintain in the Seychelles for a period of at least seven years certain records including: customer identification records, during and after termination of the customer relationship; transaction records showing, for each customer, at least on a daily basis, particulars of its transactions with or for the account of that customer, and the balance owing to or by that customer. According to Section 56 (2), every record shall be kept in written form or kept in digital format and it shall be the duty of the financial leasing institution to ensure that adequate data recovery systems and procedures are in place.