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The following shall be Authorities of the University, namely:- (i) Senate; (ii) The Board of Management; (iii) The Academic Council; (iv) The Planning Board; (v) The Finance Committee; Finance Officer. Other Officers. Officers of University not to accept remuneration other than that provided by statutes. Authorities of the University. (vi) The faculties; and (vii) Such other Bodies, as may be declared by the statutes to be the authorities of the University.