96Accounting records must be kept by owners corporation

#### 96 Accounting records must be kept by owners corporation 96 Accounting records must be kept by owners corporation > > (1) An owners corporation must keep accounting records in accordance with this Division. > > > > Maximum penalty—5 penalty units. > > > (2) The accounting records may be made and stored in the form determined by the owners corporation. > > > (3) Separate accounting records must be kept for the administrative fund, the capital works fund and any other fund kept by the owners corporation. > > > (4) The regulations may prescribe accounting records that are required to be kept by an owners corporation.