The financial year shall commence on the 1st January of each year.
The Management Committee shall have control of the Club funds and shall have the power to use them for the furtherance of the affairs and objectives of the Club, but not otherwise.
The Hon. Treasurer shall keep proper records as will enable him at every Annual General Meeting of the Club, or with reasonable notice at any other time if required by the Management Committee, to give an accurate report and statement concerning the finances of the Club.
The Hon. Treasurer shall prepare and have examined by the Hon. Auditor annual accounts to be submitted to the members for approval at the Annual General Meeting.
The Hon. Treasurer shall act in an advisory capacity for the production of operational budgets, to be agreed by the Management Committee during the final quarter of the financial year.
