QLDIn ForceRegulation
Local Government Regulation 2012
sec.203Accounting records for funds generally
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### sec.203 Accounting records for funds generally
A local government must establish separate accounting records for—
its operations; and
its trust fund.
The accounting records for a financial year must give a comparison with its annual budget for the financial year.
(sec.203-ssec.1) A local government must establish separate accounting records for— its operations; and its trust fund.
(sec.203-ssec.2) The accounting records for a financial year must give a comparison with its annual budget for the financial year.
- (a) its operations; and
- (b) its trust fund.