sec.24Inspection of financial records

sec.24 Inspection of financial records

It is a condition of an operator licence that the licensee must ensure the requirements of this section about the financial records used, received or produced in connection with the carrying on of a body art tattooing business at licensed premises (the business financial records ) are complied with. The business financial records must be made available for inspection by an authorised officer at the place at which they are kept at any reasonable time requested by the officer by notice given to the licensee. An authorised officer inspecting the business financial records must be permitted to take copies of, or take extracts or make notes from, those records. In this section— financial records includes— invoices, receipts, orders for the payment of money, bills of exchange, cheques, promissory notes and vouchers; and documents of prime entry; and working papers and other documents needed to explain— the methods by which financial statements, including, for example, profit and loss statements, balance sheets and cash flow statements, are made up; and adjustments to be made in preparing financial statements. (sec.24-ssec.1) It is a condition of an operator licence that the licensee must ensure the requirements of this section about the financial records used, received or produced in connection with the carrying on of a body art tattooing business at licensed premises (the business financial records ) are complied with. (sec.24-ssec.2) The business financial records must be made available for inspection by an authorised officer at the place at which they are kept at any reasonable time requested by the officer by notice given to the licensee. (sec.24-ssec.3) An authorised officer inspecting the business financial records must be permitted to take copies of, or take extracts or make notes from, those records. (sec.24-ssec.4) In this section— financial records includes— invoices, receipts, orders for the payment of money, bills of exchange, cheques, promissory notes and vouchers; and documents of prime entry; and working papers and other documents needed to explain— the methods by which financial statements, including, for example, profit and loss statements, balance sheets and cash flow statements, are made up; and adjustments to be made in preparing financial statements.

• (a) invoices, receipts, orders for the payment of money, bills of exchange, cheques, promissory notes and vouchers; and
• (b) documents of prime entry; and
• (c) working papers and other documents needed to explain— (i) the methods by which financial statements, including, for example, profit and loss statements, balance sheets and cash flow statements, are made up; and (ii) adjustments to be made in preparing financial statements.
• (i) the methods by which financial statements, including, for example, profit and loss statements, balance sheets and cash flow statements, are made up; and