(1) Any Non-Governmental Organization shall have power to apply the funds of the Non-Governmental Organization for any lawful objects or purposes authorised under its founding document.
(2) All funds received by or on behalf of a Non-Governmental Organization shall be deposited in the bank account of the Non-Governmental Organization.
(3) The person responsible for the custody of a Non-Governmental Organization's funds and property, including records, shall hand over such funds and property to the Non-Governmental Organization when he or she leaves office, or earlier if so directed by the members, officers, trustees or directors of the Non-Governmental Organization.