QLDIn ForceAct
Wagering Act 1998
sec.181Keeping of accounts
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sec.181 Keeping of accounts
An authority operator must— keep accounting records that correctly record and explain the transactions and financial position for the operations of the operator conducted under the wagering authority; and keep the accounting records in a way that allows— true and fair financial statements and accounts to be prepared from time to time; and the financial statements and accounts to be conveniently and properly audited. Maximum penalty—40 penalty units.
- (a) keep accounting records that correctly record and explain the transactions and financial position for the operations of the operator conducted under the wagering authority; and
- (b) keep the accounting records in a way that allows— (i) true and fair financial statements and accounts to be prepared from time to time; and (ii) the financial statements and accounts to be conveniently and properly audited.
- (i) true and fair financial statements and accounts to be prepared from time to time; and
- (ii) the financial statements and accounts to be conveniently and properly audited.
- (i) true and fair financial statements and accounts to be prepared from time to time; and
- (ii) the financial statements and accounts to be conveniently and properly audited.