FINANCE 



xli 



June 30 in each year, he shall prepare and submit to the 

 General Committee a balance-sheet of the Funds of the 

 Association. 



2. The Accounts of the Association shall be audited, Audit. 

 annually, by Auditors appointed by the General Committee. 



3. The General Treasurer shall make all ordinary pay- Expenditure, 

 ments authorised by the General Committee or by the 



Council. 



4. The General Treasurer is empowered to draw on Investments. 

 the account of the Association, and to invest on its behalf, 



part or all of the balance standing at any time to the credit 

 of the Association in the books of the Bank of England, 

 either in Exchequer Bills or in any other temporary invest- 

 ment, and to change, sell, or otherwise deal with such tem- 

 porary investment as may seem to him desirable. 



5. In the event of the General Treasurer being unable, Cheques, 

 from illness or any other cause, to exercise the functions of 



his office, the President of the Association for the time being 

 and one of the General Secretaries shall be jointly empowered 

 to sign cheques on behalf of the Association. 



Local Offi- 

 cers and 

 Committees 



Chapter VIII. 



The Annual Meetings, 



1. Local Committees shall be formed to assist the General 

 Officers in making arrangements for the Annual Meeting, and 

 shall have power to add to their number. 



2. The General Committee shall appoint, on the recom- 

 mendation of the Local Reception or Executive Committee for 

 the ensuing Annual Meeting, a Local Treasurer or Treasurers 

 and two or more Local Secretaries, who shall rank as officers 

 of the Association, and shall consult with the General Officers 

 and the Assistant Secretary as to the local arrangements 

 necessary for the conduct of the meeting. The Local Treasurers 

 shall be empowered to enrol Members and Associates, and to 

 receive subscriptions. 



3. The Local Committees and Sub-Committees shall under- Functions. 

 take the local organisation, and shall have power to act in the 



name of the Association in all matters pertaining to the local 

 arrangements for the Annual Meeting other than the work of 

 the Sections. 



