Amendment status not verified — confirm the current text below against the official source.
Comptroller. – (1) The Comptroller of the University shall be appointed by the Vice-Chancellor on the recommendation of the State Government. (2) The Comptroller shall work under the control of the Vice- Chancellor. (3) The salary, allowances and other conditions of service of the Comptroller shall be such as may be prescribed by the Ordinances of the University from time to time. (4) The Comptroller shall retire on attaining the age of sixty years. (5) The Comptroller shall exercise the powers and perform the functions as under :- (a) to advise the Board and the Vice-Chancellor regarding the financial policy; [36] (b) to make arrangements for the preparation of the budget of the University and for its presentation to the Board; (c) to hold and manage the assets, Investments and properties of the University; (d) to exercise supervision and control over the funds of the University; (e) to keep all moneys belonging to the University in such a bank or in such manner as may be specified by the Board; (f) to ensure that all expenditures are made within the limits fixed by the Authority competent to do so and for the purpose for which money is allotted or granted. (g) to prepare and maintain the accounts of the University in the manner as may be specified by the Board; (h) to supervise the collection of revenues of the University and to advise on the method of such collection; (i) to keep watch on the cash and bank balance of the University; (j) to ensure that the registers of properties of the University are properly maintained and that stocks of all equipments, instruments and other materials in the offices, workshops, laboratories or other premises are duly checked and safely stored; (k) to call for any information or report necessary for verification from any office or centre or institution of the University; and (l) to perform such other functions as may be assigned to him by the Board or the Vice-Chancellor.