Amendment status not verified — confirm the current text below against the official source.
There shall be a Finance Committee of Committee the University consisting of the following members, namely.— (i) The Vice-Chancellor, as the President, * 'i i (ii) two members elected by the Court from amongst its members, (iii) two members elected by the Executive Council from amongst its members, and (iv) two members to be nominated by the State Government—one from the Finance and the other from the Education Department. 23 Powers and 31, The Finance Committee shall have the the^Financef°^o v i‘n g powers and duties, namely:— Commits e.§ (a) to examine the annual budget estimates and to give advice and suggestions to the Executive Council thereon, (b) to make recommendations to the Executive Council relating to the Finance of the University, (c) to examine every proposal for new expend i- ture involving a sum of money exceeding , rupees ten thousand and to advise the Executive Council thereon, (d) to review the financial position of the University periodically, (e) to suggest in general the means for the • improvement of the financial position of the University, (f) to consider and recommend revision of grades of pay and the grades of pay of new posts to the Executive Committee, and (g) to deal with such other matters relating to the financial matter of the University, as may be presci ibed by the Statutes and the Ordinances. Selection