EnableVersioning at site collection level

We can use the bele PowerShell script to enable versioning at site collection level,

Add-PSSnapin microsoft.sharepoint.powershell -ErrorAction SilentlyContinue

$web = get-spweb "site coll url"

$lists = $web.lists

foreach ($list in $lists)

{

    if($list.EnableVersioning -eq $false)

    {

         write-host $list.title " is a not using versions"

         $list.Enableversioning = $true

         $List.MajorVersionLimit = 5

         $list.update()

    }

    else

    {

         Write-host $list.title " is set for up to " $list.MajorVersionLimit "previous versions"

    }

}