Amendment status not verified — confirm the current text below against the official source.
(1) The Comptroller shall be responsible for preparation of the budget and statement of accounts of the University for presentation by the Vice-Chancellor, for approval of the Board. He shall manage the funds and investments of the University. He shall be responsible for ensuring that expenditure is made as authorized. Comptroller. [Act No.30 of 2007] 35 (2) The Comptroller shall arrange periodical internal inspection of the accounts maintained in the various units of the University. (3) The Comptroller shall be responsible for the maintenance of the accounts of the University in the form and manner as approved by the Board and constantly monitor the state of cash and bank balance and the state of investment. (4) The Comptroller shall manage the property and the investments of the University and tender advice in regard to its financial policy. (5) The Comptroller shall see that the register of buildings, furniture, equipments and other items, are maintained up-to-date and arrange for the stock checking of all items in all offices and units of the University.