Amendment status not verified — confirm the current text below against the official source.
(I) The annual accounts and balance sheet of the Accounts and University shall be. prepared by the Finance Officer under the: audit direction of- the Vice-Chancellor and all moneys accruing to. or - received by the University from whatever source and aj1 amount disbursed or paid shall be entered in the accounts. 32 (2) The Finance Officer shall, before ;uoh date as may be· prescribed I by the Statutes, pr,epare the budget · of the (4) The annaal accounts· shall be audited. by a firm of Chartered Accountant subject ?o overall scru1;iny of the Comptroller and Auditor General of India • j . • _ I . I . I (5). The accounts when audited 'shall be · printed and · copies thereof, , together with the audit· ,report, shall be submitted by the Vice-Chancellor to the Board. which shall forward them to the State Government with such comments as may be deemed :p.ecessary. (6) The University shall settle objections raised in the I - , 1 1 , r audit and carry out such instructions as may be issued .by the. State Government on the audit report. , ;rem?:rary '50. (1) At,any time after the commencement of this Act and arrangements. until such time as the authorities of the University are duly 'constituted, any officer of the University may be appointed by the Vice-Chancellor with tqe pri?r approval of th7 Chancellor to carry ·Out the duties .of any such authority. University for the ensuing year. I I. ' i (3)' The annual accounts rand -the annual financial estimates prepared by· the Finance .Officer shall be placed before the Board together with .the remarks of the Finance I ,- I l ! Committee for approval and the, Board may pass resolution with· reference thereto and communicate the same to the • Finance Officer who shall. take action in accordance therewith, .. " .J ·J I Government by designation, .then. if that designation is altered ot I ' . I . . I . ' I that office ceases to exist the reference shall be construed as a , reference to the i altered designation, or . as the case may be, to such correspondingofficer as the state· Government may direct. I . t I ' I ' (2) The · Vice-Chancellor mky make , temporary .appointments, subject to the approval of the Board at ?ts next meeting, following the making of suc.h appointments. Reference to ' ' 1