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Salient: Victoria University Students' Paper. Vol. 28, No. 9. 1965.

Our Money: But We Can't Have It!

Our Money: But We Can't Have It!

Hundreds of pounds of Association money are sitting, untouchable, in bank accounts in Wellington.

The Cappicade accounts for both 1963 and 1964 have not yet been presented for audit, and the 1963 Easter Tournament accounts are still awaited.

Treasurer Keven Tate is less than happy about the mess. "Members of the Association, when accepting appointments involving the financial control of such ventures, must remember that they are responsible to a large number of students, and should complete the job," he writes in his annual report.

About £700 is due to the Association from other universities for the 1963 Easter Tournament. Cappicade profits for 1963 and 1964 both run into several hundred pounds.

Cappicade profits are in bank accounts, earning interest but untouchable.