section 43
Finance Committee, its powers and duties
Dr. Yashwant Singh Parmar University of Horticulture and Forestry, Solan Act, 1985Environmental198557 sections
Statutory text
- (1) The Board shall constitute a Finance Committee consisting of--
- (i) the Vice-Chancellor, who shall also be the ex-officio Chairman of the Committee;
- (ii) the Finance Secretary to the Government of Himachal Pradesh or his representative;
- (iii) the Heads of Government Departments of Horticulture, Forests and Agriculture;
- (iv) a member chosen by the Board from amongst its non-official members; and
- (v) the Finance Officer--Member-Secretary.
- (2) The Finance Committee shall have the following powers, namely:--
- (i) to examine the annual accounts of the University and to advise the Board thereon;
- (ii) to examine the annual budget estimates and to advise the Board thereon;
- (iii) to review the financial position of the University from time to time;
- (iv) to make recommendations to the University on all matters relating to the finances of the University; and
- (v) to make recommendations to the Board on all proposals involving expenditure for which no provision has been made in budget or which involves expenditure in excess of the amount provided in the budget.
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