Accounting records
26 Accounting records
TasTAFE is to –
keep accounting records that correctly record and explain the transactions made by (including any transactions as trustee), and the financial position of, TasTAFE; and keep those records in a manner that – allows true and fair accounts of TasTAFE to be prepared from time to time; and allows the accounts of TasTAFE to be conveniently and properly audited or reviewed; and subject to any contrary direction of the Treasurer, complies with the relevant accounting standards; and complies with any written directions of the Treasurer; and retain those records for a period of not less than 7 years after the completion of the transaction to which they relate or for a longer period determined by the Treasurer, as specified in writing and provided to the TasTAFE Board.
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