Victorian Consolidated Regulations Victorian Consolidated Regulations(1) All cheques and negotiable instruments drawn on any account kept under the control of a school council must be authorised by the principal and a member of the school council who is nominated by the school council for this purpose.
(2) All withdrawals or transfers out of any account kept under the control of the school council that are made other than by a cheque or negotiable instrument (whether electronic or otherwise) must be authorised in writing by the principal and a member of the school council who is nominated by the school council for this purpose.
(3) The school business manager cannot be nominated under this regulation even if the business manager is a member of the school council.