Article c8 Property
c8.1. The Church may purchase, take on lease or in exchange, hire of or otherwise acquire any property both movable and immovable of whatsoever nature and tenure wheresoever situated and together with or subject to any rights and privileges and construct, maintain, alter, extend, demolish or otherwise deal with all or any buildings for the time being forming any part of such immovable property and sell, lease, create tenancies over, assign or grant licences in respect of mortgage or charge or otherwise dispose of or turn to account or deal with all and any such property or any part or the parts thereof.
Article c9 Finances
c9.1. The Elders shall exercise oversight of the financial matters of the Church through the Honorary Treasurer.
c9.2. The Treasurer shall oversee the keeping of all books of account of the Church and the management of Church funds including their safe keeping, disbursements or investments as directed by the Church and as reported to the Elders.
c9.3. The Church may borrow or raise money on such terms and on such security as may be agreed.
c9.4. The Church financial year shall be from 1st January to 31st December.
c9.5. A qualified auditor shall be appointed for each financial year at the Annual General Meeting. The auditor shall prepare a report covering all Church accounts for presentation at the Annual General Meeting.
c9.6. A copy of the audited accounts with the audit report shall be circulated with the agenda of the Annual General Meeting to all members.