Northern Territory Consolidated Acts

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TOTALISATOR LICENSING AND REGULATION ACT - SECT 39

Audit of operations of licensee

    (1)     The auditor must audit the operations of a licensee:

        (a)     within 3 months of the end of each financial year; and

        (b)     at any other time when directed to do so by the authority,

and report to the authority in relation to each audit.

    (2)     In conducting an audit, the auditor must verify that:

        (a)     the licensee is conducting his or her operations in accordance with the licensee's licence; and

        (b)     the licensee has paid the correct amount of wagering tax during the period to which the audit relates.

    (3)     If, after considering a report of the auditor, the authority is not satisfied that the licensee has satisfactorily observed the terms and conditions of his or her licence or the requirement to pay wagering tax, the authority may require the licensee to provide additional information about the licensee's operations.



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