Macquarie Point Development Corporation Act 2012

The Board is to –

keep accounting records that correctly record and explain its transactions (including any transactions as trustee) and financial position; and keep those records in a manner that – allows true and fair accounts of the Corporation to be prepared from time to time; and allows the accounts of the Corporation to be conveniently and properly audited or reviewed; and subject to any contrary direction of the Treasurer, complies with the Australian Accounting Standards; and complies with any written directions of the Minister; and retain those records for a period of not less than 7 years after the completion of the transaction to which they relate or such other period as the Treasurer determines.