College Statutes - Downing College - University of Cambridge
College Statutes - Downing College - University of Cambridge
College Statutes - Downing College - University of Cambridge
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STATUTE XLI<br />
Of the <strong>College</strong> Accounts and Audit<br />
1. The year <strong>of</strong> account shall be from the first <strong>of</strong> July in each year<br />
to the next succeeding thirtieth day <strong>of</strong> June (or on such<br />
conditions as the <strong>University</strong> may impose from some day<br />
between the thirtieth day <strong>of</strong> June and the thirty-first day <strong>of</strong><br />
December).<br />
2. The several accounts <strong>of</strong> the <strong>College</strong> shall be kept and inspected,<br />
abstracts made and statistics recorded, in such manner as may<br />
be prescribed from time to time by the <strong>Statutes</strong> <strong>of</strong> the <strong>University</strong><br />
or by other competent authority.<br />
3. The accounts shall be duly audited by a pr<strong>of</strong>essional<br />
Accountant who is not a member <strong>of</strong> the Governing Body and<br />
shall be sent annually on or before the thirty-first <strong>of</strong> December<br />
after the audit there<strong>of</strong> to the Vice-Chancellor <strong>of</strong> the <strong>University</strong><br />
for publication.<br />
4. The Governing Body shall consider the accounts for the<br />
previous year <strong>of</strong> account at a Meeting taking place on such day<br />
in each year as the Governing Body shall from time to time<br />
appoint.<br />
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