50. Amendment of section 142

In the principal Act, in section 142 —

replace subsection (1) with —“(1) A casino operator must, as soon as practicable after the end of its financial year, prepare financial statements for the financial year that comply with the requirements of the Accounting Standards and give a true and fair view of the financial position and performance of the casino operator.”; and

after subsection (2), insert —“(3) In this section, “Accounting Standards” has the meaning given by section 4(1) of the Companies Act 1967.”.