Finance Committee

Education196771 sections1 chapters

Chapter IV AUTHORITIES OF THE UNIVERSITY

Statutory text

(1) The Executive Council shall constitute a Finance Committee consisting of the following persons :—
- (a) The Vice-Chancellor—ex-officio Chairman,
- (c) Three members chosen by the Executive Council from amongst its members. The Comptroller shall be ex-officio Secretary of the Finance Committee.
(2) The Finance Committee shall have the following powers :—
- (a) to examine the annual financial estimates of the University and to advise the Executive Council thereon,
- (b) to examine the annual accounts of the University and to advise the Executive Council thereon,
- (c) to review the financial position of the University from time to time,
- (d) to make recommendations to the Executive Council on all matters relating to the finances of the University,
- (e) if so directed by the Executive Council, to make recommendations to the Executive Council on any proposals made by the Executive Council involving expenditure for which no provision exists in the budget or which involves expenditure in excess of the amount provided in the budget.

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