sec.187Chairperson, secretary and treasurer of executive committee

sec.187 Chairperson, secretary and treasurer of executive committee

The chairperson must preside at all meetings of the executive committee at which the chairperson is present. If the chairperson is not present at a meeting, the member chosen by the members present at the meeting is to preside. A person (other than a person mentioned in subsection (4) ) must not exercise a power of the body corporate, or the treasurer, that relates to— the receipt or expenditure of amounts of the body corporate; or the accounting for amounts of the body corporate; or the keeping of the books of account of the body corporate. Maximum penalty—50 penalty units. The following persons may exercise a power mentioned in subsection (3) — the treasurer or the treasurer’s delegate; a person acting jointly with the treasurer because of a direction under subsection (6) . The treasurer may, with the approval of the executive committee, delegate the treasurer’s powers to a member of the executive committee. The executive committee may, by written notice given to the treasurer, direct that the treasurer may exercise a specified power only jointly with a specified person. A person who has possession or control of— any records, books of account or keys of the body corporate; or the body corporate roll; or any other property of the body corporate; must deliver the records, books of account or keys, the roll or the other property to a specified member of the executive committee within 7 days after service on the person of a resolution of the executive committee requiring the delivery. Maximum penalty—20 penalty units. (sec.187-ssec.1) The chairperson must preside at all meetings of the executive committee at which the chairperson is present. (sec.187-ssec.2) If the chairperson is not present at a meeting, the member chosen by the members present at the meeting is to preside. (sec.187-ssec.3) A person (other than a person mentioned in subsection (4) ) must not exercise a power of the body corporate, or the treasurer, that relates to— the receipt or expenditure of amounts of the body corporate; or the accounting for amounts of the body corporate; or the keeping of the books of account of the body corporate. Maximum penalty—50 penalty units. (sec.187-ssec.4) The following persons may exercise a power mentioned in subsection (3) — the treasurer or the treasurer’s delegate; a person acting jointly with the treasurer because of a direction under subsection (6) . (sec.187-ssec.5) The treasurer may, with the approval of the executive committee, delegate the treasurer’s powers to a member of the executive committee. (sec.187-ssec.6) The executive committee may, by written notice given to the treasurer, direct that the treasurer may exercise a specified power only jointly with a specified person. (sec.187-ssec.7) A person who has possession or control of— any records, books of account or keys of the body corporate; or the body corporate roll; or any other property of the body corporate; must deliver the records, books of account or keys, the roll or the other property to a specified member of the executive committee within 7 days after service on the person of a resolution of the executive committee requiring the delivery. Maximum penalty—20 penalty units.