The Treasurer is responsible for ensuring that proper accounts are kept which are available for inspection at the request of the Senior Member or the Proctors.
If the Club is disbanded, the treasurer must submit to the Senior Member and to the Proctors a full statement of the Club’s accounts.
The Treasurer is to maintain an inventory of club/society property. A copy of this inventory is to be forwarded at the start of Michaelmas Term each year to the University’s Insurance Officer, Finance Division, 23-38 Hythe Bridge Street, Oxford OX1 2ET.
Any new items should be added to the inventory; the University Insurance Officer must be notified immediately to effect insurance cover. A pro-forma for the Club’s Equipment is available. The Treasurer should also notify the disposal of any item on the inventory.
It should be noted that the University does not accept liability for the activities of registered Clubs, including the repayment of debts incurred by Clubs.