Amendment status not verified — confirm the current text below against the official source.
Powers and duties of the 1[Executive Body].–The 2[Executive Body] shall have the following powers and duties, namely:— (a) it shall be competent to take decisions on behalf of the Council, subject to the concurrence by the 3[Governing Body] in all matters with policy implications: Provided that in urgent circumstances instead of concurrence, subsequent ratification of the 4[Governing Body] shall be sufficient; (b) it shall incur such expenses as are necessary to fulfill the objectives set out in this Act and carry out all decisions taken by the 5[Governing Body]; 6[(c) it shall nominate one of its members to the Academic Council of each University;] (d) it shall present before the 7[Advisory Body] the annual academic and financial audit reports of the Council for its perusal; (e) it shall present before the 8[Governing Body] annual academic and financial audit reports of the Council for its approval; (f) it shall have such other powers, functions and duties as may be prescribed.