(1) The Majlis may manage and operate such account or accounts in respect of the Baitulmal as it may deem proper with any bank which is suitable.
(2) All moneys received by or for the Majlis in respect of the Baitulmal shall be paid into a bank account of the Majlis either upon fixed deposit or upon current account.
(3) All cheques drawn on any such account of the Majlis shall be signed by such person as may be authorized by the Majlis in that behalf.