Creating Policy Templates
As you have seen so far, an information management policy is a set of rules that can be applied to a document library to govern data auditing, retention, and disposal. If your repository has only a few document libraries, it is generally not a problem to configure each library with its own unique set of policies. If, on the other hand, you need to configure dozens or hundreds of document libraries in the Records Repository, it is more practical to create policy templates with common settings and apply them to multiple document libraries. Policy templates are created at the site-collection level and can be used on any list in the site collection.
To create a site collection policy, follow these steps:
From the Site Actions ...
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