Queensland Consolidated Acts

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KENO ACT 1996 - SECT 125

Keeping of accounts

125 Keeping of accounts

A keno licensee must—

(a) keep accounting records that correctly record and explain the transactions and financial position for the licensee’s operations conducted under the keno licence; 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.
Penalty—
Maximum penalty—40 penalty units.



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