South Australian Current Acts South Australian Current Acts (1) A community
corporation must prepare a statement of accounts in respect of each financial
year showing—
(a) the
assets and liabilities of the corporation at the end of the financial year;
(b) the
income and expenditure of the corporation for the financial year.
(2) Copies of
statements prepared under subsection (1) must be kept by the corporation
for the period prescribed by regulation.