Vidhi Codex

section 27

Finance Committee

The Uttar Pradesh Forestry and Horticulture University Act, 2026
Environmental202627 sections6 chapters
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Chapter VI AUTHORITIES OF THE UNIVERSITY

Statutory text
  1. (1) The Finance Committee shall consist of,—
    • (a) the Vice-Chancellor, who shall be the Chairperson thereof;
    • (b) the Additional Chief Secretary/ Principal Secretary to the State Government of the Environment and Forest Department or his/ her nominee not below the rank of Secretary;
    • (c) the Additional Chief Secretary/ Principal Secretary to the State Government of the Higher Education Department or his/ her nominee not below the rank of Secretary;
    • (d) the Additional Chief Secretary/ Principal Secretary to the State Government of the Finance Department or his/ her nominee not below the rank of Secretary;
    • (e) the Additional Chief Secretary/ Principal Secretary to the State Government of the Horticulture and Food ProcessingDepartment or his/ her nominee not below the rank of Secretary;
    • (f) the Pro-Vice-Chancellor, if any;
    • (g) the Deans;
    • (h) the Registrar;
      • (i) the Controller of Examinations; and
    • (j) the Finance Controller, who shall also be the Secretary of the Committee.
  2. (2) The functions and duties of the Finance Committee shall be as follows:-
    • (i) to examine and scrutinize the annual budget of the University and to make recommendations on financial matters to the Executive Council;
    • (ii) to consider proposals for new expenditure and to make recommendations to the Executive Council. All proposals relating to revision of grades, upgradation of pay scales and those items which are not included in the budget shall be examined by the Finance Committee before they are considered by the Executive Council;
    • (iii) to consider the annual accounts and the financial estimates of the University prepared by the Finance Controller and laid before the Finance Committee for approval and thereafter submitted to the Executive Council;
    • (iv) to fix the limits for the total recurring and non-recurring expenditure for the ensuing financial year and may, for any special reasons, revise during the financial year the limits of expenditure so fixed and the limits so fixed shall be binding on the Executive Council;
    • (v) to give its views and advise the Executive Council on matters relating to the administration of property and funds of the University.
  3. (3) Unless a proposal having financial implication has been recommended by the Finance Committee, the Executive Council shall not take a decision thereon, and if the Executive Council disagrees with the recommendation of the Finance Committee, it shall refer the proposal back to the Finance Committee with reasons for the disagreements and if the Executive Council again disagrees with the recommendation of the Finance Committee, the mattershall be referred to the Chancellor whose decision thereon shall be final.
  4. (4) Every meeting of the Finance Committee shall be presided over by the Vice-Chancellor. One-third of the members of the Finance Committee shall form the quorum at any meeting.
  5. (5) The Finance Committee shall have such other powers and duties as may be conferred on it by this Act or the Statutes made thereunder.

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