All fines, fees and other moneys received by any officers or employees of the Village in or about the performance of their work or duties as Village officers or employees shall be promptly paid over to the Department of Finance, daily, or at such other intervals as Council, or in the absence of Council directive, the Director, shall specifically prescribe. Appropriate receipts shall be issued and taken for the payment and transfer of such moneys, and copies of such receipts shall be preserved by the Department of Finance for not less than three years, or for such other period of time as may be prescribed by law.