section 31
Powers and functions of Governing Council
The Global Open University (Nagaland) Act, 2006Education200665 sections10 chapters
Chapter V Chapter V
Statutory text
Powers and functions of Governing Council 31. The Governing Council shall,.
- (1) Recommend the broad policies and programmes of the University and suggest measures for the improvement and development of the University;
- (2) Consider and pas resolutions on theAnnua1 Report, the financial statements and audit reports;
- (3) Take all necessary steps for the fulfillment of the objectives of the University;
- (4) Acquire, hold, control and administer the property and other movable and immovable assets of the University;
- (5) Administer funds placed at the disposal of the University;
- (6) Manage and regulate finances, accounts, investments, property and business and all other administrative affairs of the University and for that purpose appoint agents as it may deem fit:
- (7) Invest the money belonging to the University, including any income &om trust, endowment funds etc., in such stocks, funds, shares or securities as it may, from time to time, deem fit and appropriate;
- (8) Enter into, vary, cany out and cancel contracts on behalf ofthe University; Regulate and determine all other matters concerning the University; Cooperate with other institutions, Universities and other authorities in such manner and for such purposes as it may determine;
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