Amendment status not verified — confirm the current text below against the official source.
(1) The annual budget estimates along with the financial statements of the University for ensuing financial year shall be prepared by the Finance Officer and presented to [Syndicate] where it shall be discussed and final approved version shall be presented to the Board of Governors for consideration. (2) The Board of Governors shall forward copies of financial estimates or statements as approved to the Government. (3) The financial year of the University shall be same as that applicable to the Government. Substituted as per Act 17 of 2018 w.e.f. 08/12/2017. Prior to the substitution it reads as "Executive Committee"