QLDIn ForceAct
Interactive Gambling (Player Protection) Act 1998
sec.141Keeping of accounts
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sec.141 Keeping of accounts
A licensed provider must— keep accounting records that correctly record and explain the transactions and financial position for the licensed provider’s operations conducted under the interactive gambling licence; and keep the accounting records in a way that allows— true and fair financial statements and accounts to be prepared from time to time; and the financial statements and accounts to be conveniently and properly audited. Maximum penalty—40 penalty units.
- (a) keep accounting records that correctly record and explain the transactions and financial position for the licensed provider’s operations conducted under the interactive gambling licence; and
- (b) keep the accounting records in a way that allows— (i) true and fair financial statements and accounts to be prepared from time to time; and (ii) the financial statements and accounts to be conveniently and properly audited.
- (i) true and fair financial statements and accounts to be prepared from time to time; and
- (ii) the financial statements and accounts to be conveniently and properly audited.
- (i) true and fair financial statements and accounts to be prepared from time to time; and
- (ii) the financial statements and accounts to be conveniently and properly audited.