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Section 1. Pursuant to Article 6 of the Legislative Law as enacted by the New York state governmental accountability, audit and internal control act of 1987, the following guidelines for a System of Internal Control are hereby established: a. all financial transactions shall be executed in accordance with the general or specific authorization of the Temporary President or his or her designated representative; b. all financial transactions shall be recorded in conformity with generally accepted accounting principles or other applicable criteria and to maintain accountability for assets; c. access to assets shall be permitted only in accordance with the authorization of the Temporary President or his or her designated representative; d. the recorded accountability for assets shall be compared with the existing assets at reasonable intervals and appropriate action shall be taken with respect to any differences; and e. the system of internal controls shall provide reasonable assurance that the foregoing are accomplished.