section 10
Authorities of the University 8
The Vardhaman Mahaveer Open University, Kota Act, 1987(1) The Finance Committee of the university shall consist of the following members, namely :- (a) Vice-Chancellor-ex-officio-Chairman; (b) Pro-Vice-Chancellor; (c) One Director of a Regional Centre by rotation to be nominated by the Vice-Chancellor; (d) Secretary to the Government, Finance Department, Government of Rajasthan. (e) Secretary to the Government, Education Department, Government of Rajasthan. (f) two members to be nominated by the Board of Management of whom one could be a member of the Board; and (g) Deleted. (2) The Comptroller shall be the ex-officio Secretary to the Finance Committee. (3) A nominated member of the Finance Committee shall hold office for a term of two years. (4) Four members shall form the quorum for a meeting of the Finance Committee. (5) The Finance committee shall meet at least thrice in a financial year to examine the accounts and scrutinize the items of expenditure. (6) A Secretary to Government who is for any reason unable to attend any meeting of the Finance Committee as its member may depute an officer of his department not below the rank of Deputy Secretary.
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