Differences between version 17 and previous revision of WlugCharterDiscussion.
Other diffs: Previous Major Revision, Previous Author, or view the Annotated Edit History
| Newer page: | version 17 | Last edited on Wednesday, August 29, 2007 8:08:24 pm | by IanMcDonald | Revert |
| Older page: | version 15 | Last edited on Wednesday, September 28, 2005 4:07:16 pm | by WikiAdmin | Revert |
@@ -1,3 +1,12 @@
-No changes are currently
proposed.
+It is
proposed to alter the first paragraph of rule 9 from:
+
+The funds of the society shall be held under the control of the officers of the committee
. The treasurer and secretary shall have joint required signing rights, and operate the bank accounts, handle investments, and make payments as needed.
+
+to:
+
+The funds of the society shall be held under the control of the officers of the committee. The officers shall have joint signing rights with a minimum of two signatories required, and operate the bank accounts, handle investments, and make payments as needed.
+
+The purpose of this change is so that the president or vice president can also sign cheques (which they cannot do at present). As a safeguard there must be a minimum of two signatories.
+
Check the [charter history|phpwiki:WlugCharter?action=PageHistory] minutes of [past AGMs|AGM] if you want to see which changes have been made in the past.
