(i) the 1 [Vice-chancellor] of 2 [Law University] ;
(ii) the Registrar of 2 [Law University]; and
(iii) three members nominated by the Executive Council from amongst its members out of whom at least one shall be from those nominated by the 3 [Chancellor] and one from among them nominated by the Government of Assam
(2) The members of the Finance Committee other than the 1 [Vice-chancellor] of 2 [Law University] and Registrar of 2 [Law University], shall hold office so long as they continue as members of the Executive Council.
(3) The functions and duties of the Finance Committee shall be as follows:-
(i) to examine and scrutinize the annual budget of the 2 [Law University] and to make recommendations on financial matters to the Executive Council;
1. Subs. by Assam Act No. II of 2012.
2. Subs. by Assam Act No. II of 2012.
3. Subs. by Assam Act No. II of 2012.
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(ii) to consider all proposals for new expenditure and to make recommendations to the Executive Council.
(iii) to consider the periodical statement of accounts and to review the finances of the 1 [Law University] from time to time and to consider reappropriation statements and audit reports and to make recommendations to the Executive Council;
(iv) to give its views and to make recommendations to the Executive Council on any financial question affecting the 1 [Law University] either on its own initiative or on reference from the Executive Council or the 2 [Vicechancellor] of 1 [Law University].
(4) The Finance Committee shall meet at least thrice in every year. Three members of the Finance Committee shall form the quorum.
(5) The 2 [Vice-chancellor] of 1 [Law University] shall preside over the meetings of the Finance Committee, and in his absence, the Registrar of 1 [Law University] shall preside. In case of difference of opinion among the members, the opinion of the majority of the members present shall prevail.
3 [Academic Planning Board.