sec.172Preparation of financial statements and accounts

### sec.172 Preparation of financial statements and accounts A licensed monitoring operator must prepare financial statements and accounts as required by this section giving a true and fair view of the financial operations of the operator conducted under the operator’s licence. Maximum penalty—100 penalty units. The financial statements and accounts must include the following— trading accounts, if applicable, for each financial year; profit and loss accounts for each financial year; a balance sheet as at the end of each financial year. s 172 ins 1999 No. 8 s 51 amd 1999 No. 77 s 3 sch 1 (sec.172-ssec.1) A licensed monitoring operator must prepare financial statements and accounts as required by this section giving a true and fair view of the financial operations of the operator conducted under the operator’s licence. Maximum penalty—100 penalty units. (sec.172-ssec.2) The financial statements and accounts must include the following— trading accounts, if applicable, for each financial year; profit and loss accounts for each financial year; a balance sheet as at the end of each financial year. - (a) trading accounts, if applicable, for each financial year; - (b) profit and loss accounts for each financial year; - (c) a balance sheet as at the end of each financial year.