section 40
Finance Committee
The Gujarat Agricultural University Act, 1969Education196958 sections9 chapters
Chapter VII FUNDS AND ACCOUNTS
Statutory text
- (1) The Board shall constitute a Finance Committee consisting of the following members, namely, the Vice-Chancellor, a Secretary to the State Government, the Comptroller and one person to be selected by the Board from amongst its non-official members.
- (2) The Finance Committee shall have the following powers:,
- (a) to examine the annual accounts of the University;
- (b) to examine the annual budget estimates;
- (c) to review the financial position of the University from time to time;
- (d) to make recommendations to the University on all proposals involving expenditure for which no provision has been made in the budget or which involves expenditure in excess of the amount provided in the budget; and
- (e) generally to advise the University on all financial matters.
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