Powers and duties of the Executive Body

The Executive Body shall have the following powers and duties, namely:— (a) it shall be competent to take decisions on behalf of the Council, subject to the concurrence by the Governing Body in all matters with policy implications: Provided that in urgent circumstances instead of concurrence, subsequent ratification of the Governing Body shall be sufficient; (b) it shall incur such expenses as are necessary to fulfill the objectives set out in this Act and carry out all decisions taken by the Governing Body; (c) it shall nominate one of its members to the Academic Council of each University; (d) it shall present before the Advisory Body the annual academic and financial audit reports of the Council for its perusal; (e) it shall present before the Governing Body annual academic and financial audit reports of the Council for its approval; (f) it shall have such other powers, functions and duties as may be prescribed.