Commonwealth Numbered Acts

AUSTRALIAN NATIONAL UNIVERSITY ACT 1991 No. 131 of 1991 - SECT 45

45. (1) The Council must cause to be kept proper accounts and records of the
transactions and affairs of the University.

(2) The Council must do all things necessary to ensure:

   (a)  that all payments out of money of the University are correctly made
        and properly authorised; and

   (b)  that adequate control is maintained over:

        (i)    the assets of, or in the custody of, the University; and

        (ii)   the incurring of liabilities by the University.