46Segregation of access provider’s accounts and records

46 Segregation of access provider’s accounts and records (1) The access provider must keep accounts and records of its business consisting of the provision of railway infrastructure services in relation to the railway so as to give a true and fair view of that business as distinct from other businesses carried on by the access provider or any related body corporate or associate of the access provider. (2) The accounts and records must comply with any guidelines developed and published by the regulator and be kept in a way that gives: (a) a comprehensive view of the access provider's legal and equitable rights and liabilities in relation to railway infrastructure services; (b) a true and fair view of: (i) income and expenditure derived from, or relating to, railway infrastructure services; and (ii) assets and liabilities of the access provider’s business so far as they relate to railway infrastructure services; and

AustralAsia Railway (Third Party Access) Act 1999 32 (c) sufficient information to enable the pricing principles to be applied in a reasonable manner. (3) The access provider must cause to be kept in a similar way similar accounts and records in relation to the business of any related body corporate or associate of the access provider to whom a railway infrastructure service is provided by the access provider.