Singapore legislation
Clause 142
Clause 142
Statement of accounts
(1)
A casino operator shall, as soon as practicable after the end of its financial year, prepare financial statements and accounts, including —
(a)
trading accounts, where applicable, for the financial year;
(b)
profit and loss accounts for the financial year; and
(c)
a balance-sheet as at the end of the financial year that gives a true and fair view of the financial operations of the casino operator in relation to the casino.
(2)
Any casino operator who fails to comply with subsection (1) shall be liable to disciplinary action.