Tasmanian Community Fund Act 2005
8Accounts and records
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8 Accounts and records
(1) The Board must ensure that proper accounts and records are kept in relation to the transactions and affairs of the Board.
(2) As soon as practicable after 30 June in each year, the Board must prepare a statement of accounts, in a form that complies with Australian Accounting Standards, showing the true and correct financial position of the Fund as at that date and the transactions of the Fund in respect of the period of 12 months ending on that date.