QLDIn ForceAct
Keno Act 1996
sec.125Keeping of accounts
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sec.125 Keeping of accounts
A keno licensee must— keep accounting records that correctly record and explain the transactions and financial position for the licensee’s operations conducted under the keno 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 licensee’s operations conducted under the keno 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.