Finance Committee

Education200763 sections9 chapters

Chapter VII FUNDS AND ACCOUNTS

Statutory text

(1) The Board shall constitute a Finance Committee consisting of :-
- (i) The Vice-Chancellor (Ex-officio Chairman);
- (ii) The Secretary to Government, Finance Department who is member of the Board;
- (iii) One person from among the faculty Deans to be nominated by the Vice-Chancellor,
- (iv) One person form among the Directors to be nominated by the Vice-Chancellor; Board;
- (v) One Member who should be the Non-officials, nominated from among the
- (vi) Comptroller shall be the Ex-officio Member - Secretary of the committee,
(2) Finance Committee shall be the following functions, namely:-
- (i) to examine the annual accounts and budget estimates of the University and to advise Board thereon;
- (ii) to review the financial position of the University at least once in six months and as may be necessary
- (iii) to make recommendations to the Board on all matters relating to the finances of the University.

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