Article of TriHK

48. Books

Proper books of account shall be kept. In particular, proper records shall be kept of:

  1. All sums of money received and expended by the Association.
  2. All sales and purchases of goods and services by the Association;
    The assets and liabilities of the Association.

The keeping of proper books includes keeping such books of account as are necessary to give a true and fair view of the state of affairs of the Association and to explain transactions. The books of account shall be kept at the registered office of the Association and shall be made available for inspection by the members of the Committee upon request.


49. Banking

Funds of the Association in excess of HK$3,000 shall be deposited with a bank designated by the Committee. Any two of the President, Secretary, Treasurer or Vice-President shall jointly sign all cheques of the Association and shall jointly approve any other withdrawal, provided that they are not members of the same family.


50. Audit

Auditors shall be appointed and their duties regulated in accordance with the provisions of the Ordinance.