Amendment status not verified — confirm the current text below against the official source.
(1) Subject to the provisions of this Act, the Board shall be responsible for the general superintendence, directions and control of the affairs of the University and shall exercise all the powers of the University, and shall have the power to review the acts of Academic Council and the Finance Committee. (2) Without prejudice to the provisions of sub-section (1), the Board shall have the following powers and functions, namely: (i) take decision on all questions of policy relating to the administration and working of the University; (ii) institute courses of studies at the University; (iii) make Regulations; (iv) consider and approve the annual report and the annual accounts of the University for every financial year; (v) invest monies and funds of the University and take decision on the recommendations of the Finance Committee; (vi) publish or finance the publication of studies, books, periodicals, reports and other literature and to sell or arrange for the sales of such things as it may deem fit, from time to time; (vii) create or abolish posts of teachers and other employees of the University and fix their remunerations; (viii) appoint such committees as it may consider necessary for the exercise of its powers and the performance of its duties under this Act; and (ix) exercise such other powers and perform such other functions as may be conferred or imposed upon it by this Act or Regulations and all such other powers for achieving the objectives of the University. Powers and functions of the Board. 14 Terms of office and vacancies among members of the Board. (3) The Board shall, with necessary documentations, apprise the Sponsoring Body all resolutions and decisions it passes, from time to time. (4) The Board may delegate any of its powers to the President, Vice- Chancellor, Deans, Registrar or any other officer, employee or authority of the University or to a committee appointed by it. (5) The Board shall meet at least twice in a calendar year at such time and place as the chairman thinks fit.