Cap. 638 Art. 30Financial procedures.

The College shall also make provision with respect to:

(a) the manner in which, and the officer or officers by whom, payments are to be authorised or approved;

(b) the title of any account held with the bank or banks into which the monies of the College are to be paid, and the transfer of funds from one account to the other;

(c) the method to be adopted in making payments out of funds of the College; and any matter relevant to the proper keeping and control of the accounts and books, and the control of the finance, of the College;

(d) the submission of annual management accounts approved by the Board of Governors.