Financial regulations

You cannot start a bank account for activities which you conduct as part of your role as a volunteer at the Union. The Union’s finance system fulfils all necessary legal requirements and also offers free use of the online sales facilities through the Union’s website.

Specific mandatory training is required for those who are responsible for groups with money or who organise and run activities which cost or generate money.

Any activities which are undertaken by volunteers which involve handling money must be operated through the Union’s finance system. This predominantly affects Clubs, Societies & Projects. This is a legal requirement and one you cannot avoid.

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