20Duties of treasurer

20 Duties of treasurer

20 Duties of treasurer

It is the duty of the treasurer of a trust board:

(a) to maintain all books and documents relating to the trust accounts, and

(b) to receive and account for all money received by or on behalf of the trust, and

(c) to deposit all money received by or on behalf of the trust with such authorised deposit-taking institution as the trust may from time to time appoint, and

(d) to ensure that all payments authorised by the trust are duly made, and

(e) to prepare monthly accounts for inspection by the trust board at the ordinary meetings of the trust board.