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COMMUNITY LAND MANAGEMENT ACT 1989 - SECT 36 Functions relating to money and accounts

COMMUNITY LAND MANAGEMENT ACT 1989 - SECT 36

Functions relating to money and accounts

36 Functions relating to money and accounts

(1) This section applies to any function of an association, its executive committee or its treasurer that relates to--
(a) the receipt or spending of money, or
(b) accounting for money, or
(c) the keeping of books of account.
(2) A person who exercises a function to which this section applies is guilty of an offence unless the person is--
(a) the treasurer exercising a function that is not the subject of an order referred to in paragraph (b) or is exercised in accordance with such an order, or
(b) a person with whom the treasurer is required by order of the executive committee to exercise the function jointly and who is exercising the function to enable the treasurer to exercise the function, or
(c) a managing agent or registered public accountant authorised by the association to exercise the function, or
(d) during the initial period only--a person authorised by the developer to exercise the function.
: Maximum penalty--5 penalty units.
(3) The treasurer may, in accordance with an approval given by the executive committee, delegate any of his or her functions to another member of the executive committee.