The Central Party Treasurer is an executive officer of the Party as a Party Secretary and as such must not set policy.
For example, the Central Party Treasurer is not responsible for making funding decisions; that would rest with the consensus determinations of the Financial Working Group. However the Central Party Treasurer nonetheless has the final decision on actual spending; if the Central Party Treasurer denies spending, then it may be assumed that consensus for the action remains, but fundraising must occur before it can continue.
The Central Party Treasurer must carry out the will of the Financial Working Group so long as that will does not conflict with either Party constitutional or wider legal requirements and does not interfere with the Central Party Treasurer's role as Treasurer.
The Central Party Treasurer is primarily responsible for keeping clear and accurate records of the Party's accounts to show the true financial position of the Party. The Central Party Treasurer may request the support of members of the Financial Working Group in fulfillment of these duties, and should seek to do so via the Secretary of that Working Group. The Central Party Treasurer must further always make accounts data freely available to:
- the Operational Working Group
- the Financial Working Group, at request
- the Committee for Resolutions
- the Foundational Committee
- the Constituencies Society
The Central Party Treasurer is also responsible for:
- Making sure that any loans and donations that our Party receives are checked, recorded and reported where appropriate. This includes reporting donations and loans to the Electoral Commission where appropriate.
- Taking all reasonable steps to make sure that these donations and loans can be accepted, including coordinating with the Financial Working Group to ensure that the Party has access to banking facilities.
- Coordinating with the Operational Working Group to ensure the security of accounts information.
- Sanitising all accounts information.
- Financial data GDPR compliancy.
If the Financial Working Group so decides, the Central Party Treasurer may coordinate the creation of accounting units for specific Party Assemblies, and may, with Financial Working Group oversight and Secretarial Committee support, oversee the appointment of such accounting unit treasurers.
The Central Party Treasurer must notify the Electoral Commission when any of the following changes:
- the name or address of any Party officer who is registered with them, including any accounting unit officers.
- the address of the Party's headquarters or any accounting unit.
- the name of any accounting unit.
The Central Party Treasurer must also send notification to the Electoral Commission annually confirming the Party's details.
If the Central Party Treasurer should decide to stand down, or for any other reason there is no Central Party Treasurer in post, then the Financial Working Group shall:
- either automatically designate the first Deputy Secretary of the Financial Working Group as the Interim Party Treasurer,
- or, if no such Deputy Secretary is in post, designate the Party General Secretary as Interim Party Treasurer.
In either case the general secretaries and the Financial Working Group shall aim to complete the appointment of a new permanent Central Party Treasurer within three months of the prior treasurer standing down.