New South Wales Consolidated Acts

COMMUNITY LAND MANAGEMENT ACT 2021 - SECT 100

100 Accounting records must be kept by association

(1) An association must keep accounting records in accordance with this Division.

: Maximum penalty--5 penalty units.

(2) The accounting records may be made and stored in the form determined by the association.

(3) Separate accounting records must be kept for the administrative fund and the capital works fund.

(4) The regulations may prescribe accounting records that are required to be kept by an association.