Offences—auditing records

In force

(1)

A person commits an offence if the person—

(a)

is the licensee of a facility; and

(b)

fails to have the licensee receipts audited—

(i)

no later than 31 October after the end of each financial year; and

(ii)

by a person who is a registered company auditor within the meaning of the Corporations Act.

Maximum penalty: 20 penalty units.

(2)

A person commits an offence if the person—

(a)

is the licensee of a facility; and

(b)

is required to have licensee receipts audited under subsection (1); and

(c)

fails to give the auditor’s report and audited accounts to the regulator within 90 days after the end of the financial year to which the report relates.

Maximum penalty: 20 penalty units.

(3)

An offence against this section is a strict liability offence.

This Act’s bill:Explanatory statement Second reading speech

Research tools for this sectionSubscription

Cited by Analyse Interrogate History Equivalents

The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.

67 Offences—auditing records