Finance
22. (A) The Management Committee shall determine with which bank or other financial institution the funds of the Competition shall be lodged.
(B) Withdrawal of funds from Bank Accounts shall require joint signatures of any two (2) of the following League Officers ;- Chairman, Secretary, Treasurer, Registration Secretary, or Fixtures Secretary. All expenditure in excess of £100.00 shall be approved by the Management Committee.
(C) The financial year of the Competition shall end on 31st May. The League Management Committee shall be empowered to organise social or fund raising events in order to further the League’s objectives.
(D) The books, or a certified balance sheet, of a Competition shall be prepared and shall be audited annually by some suitable person(s) who shall be appointed at the Annual General Meeting.