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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.
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