The accountant shall make, or cause to be made, true entries in the books provided by the members for that purpose of all moneys or cheques paid to, or received by him for and on behalf of the Board, and he shall within twenty-four hours, or such other period as the members may direct. after the same shall have come to his hands pay the same moneys and cheques into the Commonwealth Bank of Australia at Albany, for transfer to the Treasury to the credit of an account to be called the }Albany Harbour Board Account~.