Tasmanian Consolidated Acts Tasmanian Consolidated Acts
(1) The Council must keep proper accounts and records in relation to all its operations and must do all things necessary to ensure that all payments made by it are correctly made and properly authorised and that adequate control is maintained over the assets of, or in the custody of, the Council and over the incurring of liabilities of the Council.
(2) The Council must, on or before 31 August in each year –
(a) prepare financial statements with respect to the preceding financial year in such form, and containing such information, as the Treasurer may determine; and
(b) furnish the Auditor-General with the financial statements.
(3) If requested by an Aboriginal person, the Council must make the financial statements available to that person for inspection.