Amendment status not verified — confirm the current text below against the official source.
Powers and functions of the 2[Governing Body].–(1) The 3[Governing Body] shall have the following powers and functions, namely:— (a) it shall take all policy decisions on behalf of the Council; (b) it shall chalk out a perspective plan for the implementation of the policies, evolve various programmes to be implemented and determine the priorities of such programmes for implementation; (c) it shall approve the annual budget and the audited statement of expenditure in such manner as may be prescribed; (d) it shall make a self-appraisal of its performance and prepare its annual report showing details of its academic performance; (e) it shall give such directions to the 4[Executive Body], as may be necessary for the effective functioning of the Council in accordance with its objectives; (f) it shall with prior approval of the Government to frame regulations in accordance with this Act and the rules made thereunder; (g) it shall propose general guidelines for the release of grants by the Government to Universities and other institutions of higher education and 1 Inserted by Act 19 of 2018( w.e.f. 05-07-2017). 2 Substituted by Act 19 of 2018( w.e.f. 05-07-2017). 3 Substituted by Act 19 of 2018( w.e.f. 05-07-2017). 4 Substituted by Act 19 of 2018( w.e.f. 05-07-2017). advise the Government about the release of such grants to Universities and other institutions of higher education; (h) it shall suggest measures for the academic and financial accountability of the Universities and other Institutions of higher education in the State; (i) it shall advise the Government and Universities and other institutions of higher education regarding the procedure of implementation of its decisions in all institutions of higher education; (j) it shall have such other powers as may be prescribed for the effective implementation of the programmes for the furtherance of the objectives of this Act; (k) it shall meet 1[at least twice a year and], as often as may be necessary, at such time and place and observe such rules of procedure as may be provided in the regulations 2[****]; (l) it shall have power to act, notwithstanding any vacancy in the membership or any defect in the constitution thereof, and the proceedings of the 3[Governing Body] shall be valid notwithstanding that some person, who was not entitled to be a member, had attended, or otherwise had taken part in the proceedings of the 4[Governing Body].