(1) If a financial controller is appointed for a community government, a payment may be made from an account with a financial institution kept by the community government only by a cheque countersigned, or an electronic funds transfer authorised, by the financial controller.
(2) However, the financial controller may refuse to countersign the cheque, or authorise the electronic funds transfer, only if the financial controller reasonably believes--
(a) the payment will result in unlawful expenditure by the community government; or
(b) the payment will result in expenditure from grant moneys for a purpose other than the purpose for which the grant was given; or
(c) the payment will cause the community government to become insolvent.