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EU new data protection rules

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https://en.wikipedia.org/wiki/General_Data_Protection_Regulation

What does this mean for us? If you book a Navision invoice to a natural person you have personal data in there: name and address. According to GDPR you should delete it after a while. ???

This is the most surprising thing I have heard but there are others. Can someone who knows this stuff summarize it what we need to do for it?

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