sec.187Audit of operations

sec.187 Audit of operations

As soon as practicable after the end of a financial year, an affected authority operator must, at the operator’s own expense, cause the operator’s books, accounts and financial statements for the operator’s operations conducted under the wagering authority for the financial year to be audited by— a registered company auditor; or if the affected authority operator is a permit holder—an approved accountant. Maximum penalty—40 penalty units. In this section— affected authority operator means an authority operator who has not been declared by the chief executive under section 186 to be an exempt authority operator for this division. (sec.187-ssec.1) As soon as practicable after the end of a financial year, an affected authority operator must, at the operator’s own expense, cause the operator’s books, accounts and financial statements for the operator’s operations conducted under the wagering authority for the financial year to be audited by— a registered company auditor; or if the affected authority operator is a permit holder—an approved accountant. Maximum penalty—40 penalty units. (sec.187-ssec.2) In this section— affected authority operator means an authority operator who has not been declared by the chief executive under section 186 to be an exempt authority operator for this division.

• (a) a registered company auditor; or
• (b) if the affected authority operator is a permit holder—an approved accountant.