12. Payments from municipal fund or trust fund
(1) A payment may only be made from the municipal fund or the trust fund ¾
(a) if the local government has delegated to the CEO the exercise of its power to make payments from those funds ¾ by the CEO; or
(b) otherwise, if the payment is authorized in advance by a resolution of the council.
(2) The council must not authorize a payment from those funds until a list prepared under regulation 13 (2) containing details of the accounts to be paid has been presented to the council.
[Regulation 12 inserted in Gazette 20 June 1997 p.2838.]