172
In forcePreparation of financial statements and accounts
Part 4Licensing of monitoring operators, dealers and testing facility operators
Division 8Compliance requirements
Subdivision 3Financial accounts, statements and reports
172 Preparation of financial statements and accounts
(1)
A licensed monitoring operator must prepare financial statements and accounts as required by this section giving a true and fair view of the financial operations of the operator conducted under the operator’s licence.Maximum penalty—100 penalty units.
(2)
The financial statements and accounts must include the following—
(a)
trading accounts, if applicable, for each financial year;
(b)
profit and loss accounts for each financial year;
(c)
a balance sheet as at the end of each financial year.
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.