Amendment status not verified — confirm the current text below against the official source.
[(1) The Syndicate shall appoint a person selected by the Government from among a panel containing the names of three persons furnished to the Government by a Selection Committee appointed by the Syndicate, consisting of three members headed by the Vice-Chancellor, as the Finance Officer of the University for a period of four years from the date on which he enters upon his office or till he completes the age of fifty-six years, whichever is earlier and on such terms and conditions as may be prescribed by the Statutes. (1A) The person appointed as Finance Officer shall be eligible for reappointment for one more period subject to the provisions in sub-section (1).] (2) The Finance Officer shall be a whole time salaried Officer of the University and shall exercise such powers and perform such duties as may be prescribed by the Statutes. Substituted by Act 21 of 2019, w.e.f. 06/03/2019