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There shall be Boards of Studies attached to every Faculty Council for Post-graduate and Undergraduate Studies. The constitution of the Boards of Studies shall be prescribed by Statutes and the powers and functions of the Boards shall be prescribed by Regulations. 20 THE KOLKATA GAZETTE, EXTRAORDINARY, JULY 7, 2010 The Presidency University Act, 2010. The Finance Committee. Selection Committee for Teachers of the University. Procedure for holding meetings of Selection Committee. (Chapter 111.—Authorities of the University.— Sections 25-27.)