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Treasurer.
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14.—(1) The Corporation shall appoint a banking company to act as treasurer of the Corporation for the purpose of receipts and payments of money and the keeping of accounts of such receipts and payments.
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(2) Every power and duty conferred or imposed on the treasurer of a borough for any purpose other than the purposes referred to in sub-section (1) of this section shall, in the case of the Borough, be exercised and performed—
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(a) where the offices of Manager and Town Clerk are held by the same person—by the officer of the Corporation who countersigns orders under sub-section (1) of section 16 of the Principal Act as amended by this Act, and
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(b) where the offices of Manager and Town Clerk are not held by the same person—by such officer of the Corporation as the Manager, with the consent of the Minister, from time to time appoints for that purpose.
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