Authorities of University.

(i) the Court; (ii) the Executive Council; (iii) the Academic Council; (iv) the Finance Committee; (v) the Faculties; (vi) the Academic Planning Board; and (vii) such other authorities, as may be declared by, the Statutes to be the authorities of the University. (1) The Finance Committee shall consist of the following persons: I. (a) the Vice-Chancellor (Chairperson); (b) the Principal Secretary to Government, Haryana, Finance Department, or a nominee not below the rank of Director/Joint Secretary; (c) the Principal Secretary to Government, Haryana, Higher Education Department or a nominee not below the rank of Director/Joint Secretary; (d) the Principal Secretary to Government, Haryana and Youth Affairs Department or a nominee not below the rank of the Director/Joint Secretary. II. (a) one outside member having expertise in finance to be nominated by the Chancellor on the recommendation of the Vice-Chancellor; (b) two Deans of Faculties to be nominated by the Vice-Chancellor. (2) The Registrar shall be the Member-Secretary of the Committee. (3) Nominated member of the Finance Committee shall hold office for a term of two years. (4) Three members, out of whom at least one member shall be a Government nominee, shall form the quorum.