12.1 The fiscal year of the Association shall end on June 30th of each year or as otherwise determined by the Executive.
12.2 The Executive shall designate the bank(s) to be used by the Association.
12.3 All monies, cheques, and drafts of the Association shall be deposited promptly after receipt of same, duly endorsed for deposit to the credit of the Association by the President, Vice-President, or Treasurer.
12.4 All cheques drawn on the Association account shall be signed by the President, Vice- President, or Treasurer.