Financial Regulations

15. Other Funds

15.1 "Other Funds" shall mean funds which whilst not forming a part of the University's activities or "other activities", as defined under section 2 of these Regulations, shall be identified by the University name, for example, sports clubs.

15.2 The holders of "other funds" must keep separate accounts and records for each fund, and shall under no circumstances use the monies of the University or "other activities", as defined under section 2 of these Regulations, in connection with these "other funds".

15.3 "Other Funds" monies must not be left on the University premises, but shall be banked to the credit of the fund.

15.4 Bank accounts shall not be identified by the name of the University except with the express permission of the Finance Director. Bank accounts shall be operated by the joint signature of at least two persons.



Page last modified 14 May 2014.

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