Regulations

(1) Subject to the provisions of this Act, the Executive Council shall have, in addition to all the other powers vested in it, the power to frame regulations to provide for the administration and management of the affairs of the University: Provided that the Executive Council shall not make any regulation affecting the status, powers or constitution of any authority of the University until such authority has been given an opportunity of expressing an opinion in writing on the proposed changes, and any opinion so expressed is considered by the Executive Council: Provided further that except with the prior concurrence of the Academic Council, the Executive Council shall not make, amend or repeal any regulation affecting any or all of the following matters, namely:-(a) the constitution, powers and duties of the Academic Council; (b) the persons responsible for organizing teaching in connection with the courses of study and related academic programmes; (c) the withdrawal of degrees, diplomas, certificates and other academic distinctions; (d) the establishment and abolition of faculties, departments, hall and institution; (e) the institution of fellowships, scholarships, studentship, medals and prizes; (f) conditions and modes of appointment of examiners or conduct of or standard of examinations or any other course of study; (g) mode of enrollment or admission of students; and (h) examinations to be recognized as equivalent to University examinations. (2) The Academic Council shall have the power to propose regulations on all the matters specified in (a) to (h) above and matter incidental and related thereto. (1) There shall be a Finance Committee constituted by the Executive Council consisting of the following, namely:- (a) The Vice-Chancellor; (b) one member nominated by the Executive Council from amongst its member; (c) one officer each of the Finance Department and the Higher Education Department (not below the rank of a Deputy Secretary), Government of Rajasthan; (d) Finance Officer of the University; (e) one Senior teacher preferably a specialist of the finance and account matters nominated by the Vice-Chancellor; (f) three financial experts not having any relation with the University and nominated by the Chancellor; (g) the Registrar, who shall be the member secretary of the Finance Committee. (2) The members of the Finance Committee, shall hold office for a term of three years. (3) The functions and duties of the Finance Committee shall be as follows, namely:- (a) to examine and scrutinize the annual budget of the University and to make recommendations on financial matters to the Executive Council; (b) to consider all proposals for new expenditure and to make recommendations to the Executive Council; (c) to consider the periodical statements of accounts and to review the finances of the University from time to time and to consider reappropriation statements and audit reports and to make recommendations to the Executive Council; (d) to give its views and to make recommendations to the Executive Council on any financial question affecting the University either on its own initiative or on reference from the executive Council or the Vice-Chancellor. (4) The Finance Committee shall meet twice every year. Five member of the Finance Committee shall form the quorum. (5) The Vice-Chancellor shall preside over the meetings of the Finance Committee. In case of difference of opinion among the members, the opinion of the majority of the members shall prevail.