Amendment status not verified — confirm the current text below against the official source.
(1) The Finance Committee shall consist of the following members, namely: — (i) the Vice-Chancellor ; who shall be the Chairman; (i) the Registrar ; (iif) the Comptroller of Finance ; who shall be the Member-Secretary; (iv) two members nominated by the Board from among its members ; (v) one member from the Academic Council nominated by the Vice- Chancellor; (vi) Additional Secretary to Government, Health and Family Welfare Department; (vii) Additional Secretary to Government, Finance Department; (2)The Finance Committee shall give advice to the University authorities on any matter relating to the finances of the University. R e e T = e e e e ey s fhi 3 ! il The University Quality qu Assurance - Council, General provisions regarding thorities : '||'t e University. g i 32 (3) The Finance committee shall have following powers and functions, namely :- (i) to prepare the budget estimate of the University and to review the accounts of expenditure and to make recommendations to the Board : (i) to consider and make recommendations to the Board on the proposals for new expenditure on major works and purchases ! (iii) to scrutinize re-appropriation statements and audit notes and make recommendations to the Board : (iv) to review the finance of the University and to suggest concurrent audit conducted wherever necessary ; and (v) to give advice and make recommendations to the Board on any other financial question affecting the affairs of the University. (4) The meeting of the Finance Committee shall be held twice a year. (5) The term of office of the members of Finance Committee shall be such as may be prescribed by the Statutes.