Regulation 31

be the chairman of the Union’s financial committee;

receive from the Bursar and present on behalf of the committee at the annual general meeting the audited statement of income and expenditure and balance-sheet of the Union;

prepare and present on behalf of the committee the provisional budget for two periods, that is to say, from 1st October to 31st March and 1st April to 30th September of the ensuing year to the incoming Union council;

keep a record of the Union’s accounts;

receive, on behalf of the committee, any funds that may be paid to the Union;

remit those funds to the Bursar for credit to the Union’s accounts;

be responsible for posting up minutes of each meeting of the committee on all the Union’s notice boards within 7 days of the meeting, and for circulating those minutes to all members of the council within two weeks of the meeting; and

sign all bills.