8AAccounting records

8A Accounting records

[Section 8A Inserted by No. 17 of 2000, s. 7, Applied:01 Jul 2000]

(1)  The Authority is to keep accounting records that correctly record and explain its transactions and financial position.

(2)  The records are to be kept in a manner that –

(a) allows true and fair accounts of the Authority to be prepared; and

(b) allows its accounts to be conveniently and properly audited or reviewed; and

(c) subject to any contrary direction of the Treasurer, complies with Australian Accounting Standards; and

(d) complies with any direction of the Minister.