Amendment status not verified — confirm the current text below against the official source.
( 1 ) There shall be a Purchase Committee for dealing with all matters pertaining to all purchases of the university, in respect of such items where individual cost of each item exceeds rupees ten lakhs at a time. ( 2 ) The committee shall consist of the following members, namely :- ( a ) the Vice-Chancellor - Chairperson; (b) the Pro-Vice-Chancellor; ( c ) Chancellor's nominee on Management Council; ( d ) two heads of university departments or university institutions nominated by the Management Council; ( e ) one member of the Management Council nominated by the Council from amongst the elected members of the Council; ( f ) one expert, nominated by the Vice-Chancellor preferably in the area of Material Management from the Industry; ( g ) the Registrar; and ( h ) the Finance and Accounts Officer - Member-Secretary. ( 3 ) During the absence of the Finance and Accounts Officer, the Registrar shall act as the Secretary of the Committee. ( 4 ) The Purchase Committee shall invite the head of the university department or university institution, for which the purchases are to be made. ( 5 ) All members of the committee, other than ex-officio members shall hold office for a term of three years and shall not be eligible for a second consecutive term in the same university. ( 6 ) All matters pertaining to all purchases of the University in respect of such items where individual cost of each item is not more than rupees ten lakhs at a time, shall be as prescribed by the Statutes. ( 7 ) The powers and duties of the Purchase Committee and the procedure for its meetings shall be as prescribed by the Statutes.