11.
(1) There shall be a Treasurer for every Board established for a school, elected by the Board, from among the members of that Board elected under sub-paragraph (i) of paragraph (b) of section 3. |
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(2) The Treasurer shall cause proper books of accounts to be kept of the receipts and expenditure of the School Development Fund maintained by the Board under section 10, and of all other transactions of such Fund ; and all such books of accounts shall be open for inspection by the officers of the Ministry of the Minister or the Department of Education or by the officers of the Ministry of the Provincial Minister or Provincial Department of Education. |
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(3) All cheques for the withdrawal of monies to defray any expenditure approved by a Board established for a school shall be signed by the Treasurer and the Chairman or the Secretary of such Board. |
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(4) All accounts of the School Development Fund maintained by the Board under section 10 shall be audited annually by an Auditor appointed by such Board. The accounts of such Fund shall be submitted to such Auditor by the Treasurer of such Board within two months of the close of the calendar year to which the audit relates and such Auditor shall submit a report relating to such audit to the Board within four months of the close of that calendar year and the Board shall submit such audited accounts within a month of the receipt thereof by the Board to the Appropriate Educational Authority. |
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(5) Nothing in this section shall be read or construed as derogating from the powers conferred on the Auditor-General by any written law. |
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