Chapter 14 » 14.14

Finance

Bookkeeping and accounts

The area meeting is responsible for all the property and funds of its constituent meetings and other bodies subordinate to the area meeting. The area meeting trustees determine with each local meeting how the duties delegated to that local meeting are to be financed. The area meeting treasurer will agree with the local meeting how the funds are to be received, maintained and reported. Local meetings, with agreed delegated responsibility from their area meeting for a specific concern, may raise and retain funds for this concern. Such funds are part of the resources of the area meeting and are to be included in its annual accounts.

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