Amendment status not verified — confirm the current text below against the official source.
(1) The University shall prepare the financial estimates of receipts and c3tiite3' cxpendihre of the Unlvcrsity in 6uch manner aa may be prescribed by Statutes. (2) The Board shall consider the cstim6tes . , 50 prepared and approve them with or without inodificatioa. - (3) Thg Uniyeqslty shall subfit such es,@gaks as. approved by trhe Board to, . , , t,he Govecam,~pt, for its.saqctinn. (4.The Qovetnmen~ m a y pass such orders With reference to, the said estimates as it thinks fit and communicate the same to the University which shall give effect to such order. (5) The Board may, in urgent cases where expenditure in excess of the emo#,n ts prwded #qr ip. the bdg% is fouq4 tPr be necesaaq, for r ~ s o n s to be recor,dqd, I n vritigg,; inqu~ such expenditurk. Awomt~