Queensland Consolidated Acts

CHARITABLE AND NON-PROFIT GAMING ACT 1999 - SECT 79

79 Preparing financial statements and accounts

(1) This section applies to the holder of a category 3 gaming licence.

(2) The holder must prepare financial statements and accounts as required by this section giving a true and fair view of the holder’s financial operations for the game.

Penalty—

Maximum penalty—40 penalty units.

(3) The financial statements and accounts must include the following for each financial year the holder conducts the game—

(a) trading accounts, if applicable;

(b) profit and loss accounts;

(c) a balance sheet as at the end of the financial year;

(d) other information prescribed under a regulation.