Tasmanian Assessment, Standards and Certification Act 2003
23Accounting records
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23 Accounting records
(1) [Section 23 Subsection (1) amended by No. 9 of 2022, s. 36, Applied:01 Jul 2023] [Section 23 Subsection (1) amended by No. 15 of 2015, s. 23, Applied:29 May 2015] The Board is to –
(a) keep such accounting records as correctly record and explain its transactions (including any transactions as trustee) and financial position; and
(b) keep those records in a manner that –
(i) [Section 23 Subsection (1) amended by No. 15 of 2015, s. 23, Applied:29 May 2015] [Section 23 Subsection (1) amended by No. 9 of 2022, s. 36, Applied:01 Jul 2023] allows true and fair accounts of the Board to be prepared from time to time; and
(ii) allows its accounts to be conveniently and properly audited or reviewed; and
(iii) [Section 23 Subsection (1) amended by No. 15 of 2015, s. 23, Applied:29 May 2015] [Section 23 Subsection (1) amended by No. 9 of 2022, s. 36, Applied:01 Jul 2023] subject to any contrary written direction given by the Treasurer to the Board under subsection (2) , complies with Australian Accounting Standards; and
(iv) [Section 23 Subsection (1) amended by No. 15 of 2015, s. 23, Applied:29 May 2015] [Section 23 Subsection (1) amended by No. 9 of 2022, s. 36, Applied:01 Jul 2023] complies with any written directions given by the Minister or Treasurer to the Board under subsection (2) .
(2) [Section 23 Subsection (2) amended by No. 9 of 2022, s. 36, Applied:01 Jul 2023] The Treasurer or Minister may give written directions to the Board for the purposes of .