The Finance Officer.-

1[(1) The Finance Officer shall be a whole time officer of the University appointed by the State Government from the persons being officers in the cadre of Joint Controller of Karnataka State Audit and Accounts Department or an officer of the rank of Deputy Accountant General having experience in audit, accounting and financial administration. If none of the person is appointed within the time prescribed by the Statutes, the Chancellor may in consultation with the State Government, appoint such other person as he deems fit to be the Finance Officer;]

1[(2) The term of office of the Finance Officer shall be three years and the emoluments of the Finance Officer and other terms and conditions shall be as prescribed by the Statutes.] 1. Deemed to have been Substituted by Act 54 of 2020 w.e.f. 19.06.2020

1. (3) The Finance Officer shall, subject to the control of the Finance Committee, exercise such powers and perform such functions as may be prescribed by the Statutes, the Ordinances and the Regulations or as may be required from time to time by the Vice-