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how to implement retention using WebCenter Content 12g

Below are requirement, kindly please suggest how can we implement Retention of content items using WCC12c.

Here are the rules:

1. We have a 'Retention Type' as metadata for content item

2. Each 'Retention Type' will have its own Retention period like 5 years, 7 years and No expire

3. After the retention period (Check-in date/Release Date/custom date) we would like to move delete these documents/content items

 

How can we achieve the requirement?

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