Amendment status not verified — confirm the current text below against the official source.
The Comptroller.- (1) The Comptroller shall be a whole-time salaried officer of the University to be posted by the Government from its officers of the Rajasthan Accounts Service of the rank of selection scale and the above: Provided that the Board may, for the reasons to be recorded in writing, relieve the Comptroller at any time and request the Government to post another officer. (2) The Comptroller shall hold office for a period of three years: 22 Provided that a person appointed as Comptroller shall retire from office if, during the term of his or her office, he or she completes the age of superannuation. (3) The emoluments and other terms and conditions of service of the Comptroller shall be such as may be prescribed. (4) When the office of the Comptroller is vacant, or when the Comptroller is, by reason of illness or absence or any other cause unable to exercise the powers, perform the functions and discharge the duties of his or her office, the powers, functions and duties of the office of the Comptroller shall be exercised, performed and discharged by such person as the Vice-Chancellor may appoint for the purpose. (5) The Comptroller shall be the ex-officio Secretary to the Finance Committee. (6) The Comptroller shall- (a) exercise general supervision over the funds of the University and shall advise the University as regards its financial policy; (b) to manage the property and investments of the University including trust and endowed property in accordance with the decision of the Finance Committee and the Board; and (c) exercise such other powers and perform such other financial functions, as may be assigned to him or her by the Board, or as may be prescribed: Provided that the Comptroller shall not incur any expenditure or make any investment exceeding such amount as may be prescribed except with the previous approval of the Board. (7) Subject to the control of the Board, the Comptroller shall,- (a) ensure that the limits fixed by the Board for recurring and non-recurring expenditure for a year are not exceeded and that all moneys are expended for the purposes for which they are granted or allotted; (b) be responsible for the preparation of annual accounts, financial estimates and the budget of the University and for their presentation to the Finance Committee and the Board; (c) keep a constant watch on the cash and bank balances and of investments; (d) watch the progress of the collection of revenue and advise on the methods of collection employed; (e) ensure that the registers of buildings, land, furniture and equipments are maintained up-to-date, and that stock checking is conducted in respect of equipments and other consumable materials in all offices, laboratories, colleges and institutions maintained by the University; (f) bring to the notice of the Vice-Chancellor and the Registrar any unauthorised 23 expenditure or other financial irregularity and suggest appropriate action to be taken against persons at fault; and (g) call from any office, laboratory, college or institution maintained by the University, any information or returns as he or she may consider necessary for the exercise of his or her powers, performance of his or her functions or discharge of his or her duties.