21.1 All moneys payable to the Club shall be received by the person authorised by the Executive Committee to receive such moneys and shall be deposited in a bank account in the name of the Club. No sum shall be drawn from that account except by cheque signed by two of the three signatories who shall include the Honorary Secretary and Honorary Treasurer. Any moneys not required for immediate use may be invested as the Executive Committee in its discretion thinks fit.

21.2 Subject to Rule 24.3, the income and property of the Club shall be applied only in furtherance of the objects of the Club and no part thereof shall be paid by way of bonus, dividend or profit to any Member.

21.3 The Executive Committee shall have power to authorise the payment of remuneration and expenses to any Officer, member of the Executive Committee, Member or employee of the Club and to any other person or persons for services rendered to the Club.

21.4 The financial transactions of the Club shall be recorded in such manner as the Executive Committee thinks fit by the Honorary Treasurer.

21.5 Full accounts of the financial affairs of the Club shall be prepared each year by an independent person. The accounts must be made available to every Member at the annual general meeting is given.

22. Borrowing

22.1 The Executive Committee may borrow a maximum total amount of £25,000 on behalf of the Club for the purposes of the Club from time to time at its own discretion and with the sanction of a general meeting any further money above that sum.
 
22.2 When so borrowing, the Executive Committee shall have power to raise in any way any sum or sums of money and to raise and secure the repayment of any sum or sums of money in such manner and on such terms and conditions as it thinks fit, and in particular by mortgage of, or charge upon, or by the issue of debentures charged upon all or any part of the property of the Club.

22.3 The Executive Committee shall have no power to pledge the personal liability of any Member for repayment of any sums so borrowed.

22.4 The Trustees shall, at the discretion of the Executive Committee, make such dispositions of the Club's property or any part thereof, and enter into and execute such agreements and instruments in relation thereto, as the Executive Committee may deem proper for giving security for such moneys and the interest payable thereon.

23. Property

23.1 The property of the Club, other than cash at the bank, shall be vested in the Trustees. They shall deal with the property as directed by resolution of the Executive Committee and entry in the minute book shall be conclusive evidence of such a resolution.

23.2 The Trustees shall be indemnified by the Club and the Executive Committee shall pay all costs, losses and expenses which any such Trustee may incur or for which he may become liable by reason of any contract entered into or act or thing done by him in good faith as such Trustee in accordance with the instructions of the Executive Committee or of a general meeting of the Club or otherwise in the discharge of his or their duties. The Executive Committee may give to any Trustee, who has incurred or may be about to incur any liability, at the request of or for the benefit of the Club such security by way of indemnity as may seem expedient.

24. Dissolution

24.1 A resolution to dissolve the Club shall be proposed only at an extraordinary general meeting and shall be passed only if carried by a majority of at least 90% of the Members present and voting.

24.2 The dissolution shall take effect from the date of the resolution and the members of the Executive Committee shall be responsible for the winding-up of the assets and liabilities of the Club.

24.3 Any property remaining after the discharge of the debts and liabilities of the Club shall be paid to, or distributed among the Members equally.