Commonwealth Numbered Acts

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AUSTRALIAN APPLE AND PEAR CORPORATION ACT 1973 No. 194 of 1973 - SECT 34

Proper accounts to be kept.
34. (1) The Corporation shall cause to be kept proper accounts and records of
the transactions and affairs of the Corporation and shall do all things
necessary to ensure that all payments out of moneys of the Corporation are
correctly made and properly authorized and that adequate control is maintained
over the assets of, or in the custody of, the Corporation and over the
incurring of liability by the Corporation.

(2) The accounts and records of the transactions and affairs of the
Corporation in respect of the trading activities of the Corporation (if any)
shall be in accordance with the accounting principles generally applicable in
commercial practice. 


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