Amendment status not verified — confirm the current text below against the official source.
Meetings of Academic Council (1) The Academic Council shall meet at least twice in every year on dates to be fixed by the Vice-Chancellor One of such meetings shall be called the annual meeting The Academic Council may also meet at such other dates as it may, from time to time, determine. (2) One-third of the total strength of the members of the Academic Council shall be the quorum required for a meeting of the Academic Council: Provided that such quorum shall not be required at a convocation of the University, or a meeting of the Academic Council held for the purpose of conferring degrees, titles, diplomas or other academic distinctions (3) The Vice-Chancellor may, whenever he thinks fit, and shall upon a requisition in writing signed by not less than fifty per cent of the total members of the Academic Council, convene a special meeting of the Academic Council. Page 53 of 84 25.* Finance Committee Amendment (Amendments to the Annamalai University Act, 2013 Tamil Nadu Universities Laws (Amendment & Repeal) Act, 2021 published in TN Extraordinary Gazette No:470 and 471 dated 07.10.2021) (1) The Finance Committee shall consist of the following members, namely:— (a) The Vice-Chancellor; (b) The Secretary to Government in-charge of Finance; (c) The Secretary to Government in-charge of Higher Education; (d) Two members nominated by the Syndicate from among its members; (2) If for any reasons, the Secretary to Government, in-charge of Finance or the Secretary to Government, in- charge of Higher Education is unable to attend the meetings of the Finance Committee, he may depute any officer of his department not below the rank of Deputy Secretary to Government The officer so deputed shall have the right to take part in the discussion of the meeting and shall have the right to vote. (3) The Vice-Chancellor shall be the ex-officio Chairman and the Finance Officer shall be the ex-officio Secretary to the Finance Committee. (4) All the members of the Finance Committee, other than ex-officio members shall hold office for a period of three years. * Tamil Nadu Government Gazette Extraordinary No. 470, dated 06.10.2021 and 471, dated 07.10.2021 Page 54 of 84 (5) The Finance Committee shall meet at least twice in every year to examine the accounts and to scrutinize proposals for expenditure. (6) The annual accounts and the financial estimates of the University prepared by the Finance Officer shall be laid before the Finance Committee for consideration and comments and thereafter submitted to the Syndicate for approval. (7) The Finance Committee shall recommend limits for the total recurring expenditure and the total non-recurring expenditure for the year based on the income and resources of the University which, in the case of productive works, may include the proceeds of loans. (8) The Finance Committee shall— (a) review the financial position of the University, from time to time; (b) make recommendation to the Syndicate on every proposal involving investment or expenditure for which no provision has been made in the annual financial estimates or which involves expenditure in excess of the amount provided for in the annual financial estimates; (c) prescribe the methods and procedure and forms for maintaining the accounts of the University; (d) make recommendation to the Syndicate on all matters relating to the finances of the University; and (e) perform such other functions as may be prescribed (9) The financial estimates of the University prepared by the Finance Officer shall be laid before the Finance Committee for consideration and comments The said estimates, as modified by the Finance Committee, shall then be laid before the Syndicate for consideration The Syndicate may accept the modifications made by the Finance Committee. Page 55 of 84