141
In forceKeeping of accounts
Part 7Compliance requirements
Division 7Financial accounts, statements and reports
141 Keeping of accounts
A licensed provider must—
(a)
keep accounting records that correctly record and explain the transactions and financial position for the licensed provider’s operations conducted under the interactive gambling licence; 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—40 penalty units.
This Act’s bill:Explanatory memorandum
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