Python New Zealand
Last update: 22 Oct 2025
Status: Draft
Further to the "Finances" section "40. Control and management" of our Constitution, this document describes practical implementation details for day-to-day operations.
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The treasurer and secretary shall have joint required signing rights, and operate the Society's bank accounts and make payments as required.
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These signing rights shall be assigned by the newly elected committee at the time of the Annual General Meeting, and documented with a corresponding signed mandate that is suitable to present to the bank. The treasurer and secretary are to advise the bank of any mandate changes and revocation of previously assigned access.
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For the purpose of online credit/debit card payments – which require a bank account with a single signatory – a separate bank account is operated by the treasurer alone. This account shall only be used for the purpose of making specific payments via credit/debit card, and only receives the required funds from the jointly operated bank accounts when necessary.