Finance Committee

Finance Committee.—

1. (1) The Finance Committee shall consist of the following members, namely:—
   • (a) the Vice-Chancellor, who shall be the Chairman;
   • (b) the Registrar;
   • (c) the Finance and Accounts Officer, who shall be the Secretary;
   • (d) three persons to be nominated by the Executive Council from amongst its members.
2. (2) The Finance Committee shall perform the following functions and exercise the following powers, namely:—
   • (a) to review the financial position of the University;
   • (b) to make recommendations to the Executive Council on all proposals involving expenditure for which no provision has been made in the budget or for which sufficient provision has been made;
   • (c) to examine the annual budget estimates and to make recommendations thereon to the Executive Council;
   • (d) to examine the annual accounts and the annual financial estimates of the University and to submit them to the Executive Council for approval.