SECTION 1. The International Secretary-Treasurer shall be the Chief Fiscal officer of the International Union. He/she shall cause to be recorded the proceedings of all International Conventions and all sessions of the International Executive Council and of the International Executive Board. He/she shall have charge of and preserve all books, documents and effects of the International Office, except such records as properly belong to the office of the International President. The Seal of the International Union shall be held in trust by the International Secretary- Treasurer.

SECTION 2. He/she shall administer the business of his/her office in accordance with the rules and regulations, practices and procedures established by the International Administrative Committee and, in accordance therewith, he/she shall have the authority to employ, with compensation, such assistants as may be necessary to conduct the affairs of his/her office; and also, in accordance therewith, he/she shall receive, receipt, deposit and account for all monies and pay all bills of the International Union. He/she shall invest all such funds as may be deemed by the International Administrative Committee to be in excess of current need in such securities as the Committee may decide. He/she shall give a bond in the amount determined by the International Executive Council and the cost thereof shall be paid out of the funds of the International Union.

SECTION 3. He/she shall pay all bills and current expenses unless otherwise ordered by the International President. He/she shall keep copies of all important correspondence sent out and received by his/ her office.

SECTION 4. He/she shall have the power to inspect and audit the financial records of each Local Union. He/she shall have the power to establish the rules and standards for any inspection and audit of the financial records of a Local Union, including one conducted pursuant to Article XVI Section 4.

SECTION 5. The International Secretary-Treasurer shall perform such other duties as pertain to his/her office or may be assigned to him/her by the International Administrative Committee. He/ she shall make a full report of the finances of the International to the International Convention; he/ she shall be ex officio a delegate to all conventions of organizations to which the International Union may be affiliated. The International Secretary-Treasurer shall receive Seventy Thousand Five Hundred Dollars ($70,500) per annum, payable weekly in equal amounts, and when performing duties away from the International Office, he/she shall receive his/her expenses, which shall be subject to the approval of the International Executive Council.

The salary of the International Secretary-Treasurer shall be adjusted as of the first day of January 1983 and on the first day of each January by the weighted average percentage increase in wages or salaries received by the Union membership during the fiscal year ending on the preceding August 31st in bargaining units of Five Hundred (500) or more.