NSWIn ForceAct
Local Government Act 1993
412Accounting records
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#### 412 Accounting records
412 Accounting records
> > (1) A council must keep such accounting records as are necessary to correctly record and explain its financial transactions and its financial position.
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> > (2) In particular, a council must keep its accounting records in a manner and form that facilitate—
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> > > (a) the preparation of financial reports that present fairly its financial position and the results of its operations, and
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> > > (b) the convenient and proper auditing of those reports.