control_file_record_keep_time

control_file_record_keep_time – the value indicates number of days before reusable record is overwritten, if set to 0 reusable record is not expanded. The default value is 7. Reusable section is where archive log records and backup information are kept. This parameter can be modified without restart of the instance.

Additional
http://mrothouse.wordpress.com/2006/11/06/oracle9i-control_file_record_keep_time/

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