Banking And Finance

  1. 12.1 Subject to any resolution passed by the Association in general meeting, the funds of the association shall be used in pursuance of the objects of the association in such manner as the Board determines.
  2. 12.2 Subject to the Australian Tax Office requirements the Association will operate a Gift Fund account separate to operational accounts.
  3. 12.3 All cheques, drafts, bills of exchange, promisory notes and other negotiable instruments shall be signed by any two members of the Board or employees of the association authorised to do so by the Board.