171
In forceKeeping of accounts
Part 4Licensing of monitoring operators, dealers and testing facility operators
Division 8Compliance requirements
Subdivision 3Financial accounts, statements and reports
171 Keeping of accounts
A licensed monitoring operator must—
(a)
keep accounting records that correctly record and explain the transactions and financial position for the operator’s monitoring operations; and
(b)
keep the accounting records in a way that allows—
(i)
true and fair financial statements and accounts to be prepared from time to time; and
(ii)
the financial statements and accounts to be conveniently and properly audited.
Maximum penalty—100 penalty units.
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