(a) the Vice-Chancellor;
(b) the Comptroller;
(c) two members chosen by the Board from among its members.
(2) The Finance Committee shall have the following powers and duties;
namely:-
(a) to examine the accounts of the University and its annual budget estimates and to advise the Board in respect thereof;
(b) to review the financial position of the University from time to time; and
(c) to make recommendations to the Board on all proposals involving expenditure, for which no provision or inadequate provision has been made in the budget, or in excess of the budget provision.
25. The Planning Board - (1) The Planning Board shall be the Principal Planning body of the University and shall be responsible for monitoring the development of the University on the lines indicated in the objects of the University.
(2) The Constitution of Planning Board and its powers and functions shall be such as may be prescribed by the statutes.
26. Constitution of Committees - Every Authority shall have power to constitute committees which may, unless otherwise provided in this Act, consist of the Members of the Authority and such other persons as it nominate.
27. Filling of Casual vacancies - Any Casual vacancy among the members, other than ex-officio members, of any authority shall be filled as soon as conveniently may be, by the person, or authority who appointed, nominated or co-opted the member whose place has become vacant and the person appointed or nominated or co-opted to a casual vacancy shall be a member of such authority for the residue of the term of the person whose place he fills.
28. Removal from membership of any authority - The Board shall remove any person from the membership of any authority on the ground that such person was convicted of an offence involving moral turpitude.
29. Decision on question as to validity of membership, Act or proceeding - Where any question arises whether a person has been duly nominated or appointed as, or is entitled to be, a member of an authority other than the Board or whether any act or proceeding of an authority including the Board is consistent with this Act and the statues, it shall be referred to the Chancellor, whose decision thereon shall be final.
30. Act or Proceeding of any authority not to be invalidated by reason only of certain defects - No act or proceeding of any authority shall be deemed to be invalid by reason only, of any defect in the constitution of such authority or the existence of any vacancy among its members.
CHAPTER - V Research and Extension
31. Veterinary Sciences Experiment Stations - (1) The University may establish and maintain one or more Veterinary Sciences Experiment Stations for research, both fundamental and applied in all faculties, in addition to the maintenance of institutions which stand transferred to the University under section 46, the Board shall appoint, in the manner prescribed, a person who had expertise in Veterinary Sciences as the Director of Veterinary Experiment Stations. The Director shall institute, guide and coordinate all Veterinary Research and be responsible for the efficient working of such stations.
(2) The University may, at any time, with the approval of the Government close down, either permanently or temporarily any of the Veterinary Sciences Experiment Stations specified in Sub-station (1).
32. Veterinary Sciences Extension Service - (1) The University shall establish the Veterinary Science Extension Service for the purpose of,-
(a) undertaking extension programmes in a phased manner covering the entire state of Andhra Pradesh in such manner as may be determined by the Government in consultation with the Board;
(b) dissemination of information for the solution of problem relating to Veterinary and Fishery Fields;
(c) establishment of youth clubs for developing the interests of young people in Veterinary Sciences; and
(d) for such other purposes as may be prescribed.
(2) The Board shall appoint in the manner prescribed a person who had expertise in Veterinary Sciences as the Director of Veterinary Sciences Extension Service. He shall be responsible for dissemination of such information and planning and execution of programmes of extension work based upon the results of research.
33. Co-ordination in research and extension work- The Government shall endeavour to secure proper co-ordination between the departments of the Government and the University in the conduct of research and extension work and may tender necessary advise to the Board in that regard.
CHAPTER - VI Appointment of the Teachers, etc.,
34. Constitution of Selection Committee for appointment of Officers and teachers of a faculty - (1) The Board shall constitute a selection committee in regard to the appointment of teachers for each faculty which shall consist of the following persons, namely:-
(i) the Vice-Chancellor who shall be ex-officio Chairman of the Committee;
(ii) the Dean of Faculty concerned; and
(iii) three experts in the case of selection of Professors, two experts in the case of selection of Associate Professors and one expert in the case of selection of Assistant Professors nominated by the Board, the experts being from outside the University, having special knowledge of the subject concerned.
(2) The teachers of a Faculty shall be appointed by the Board on the recommendation of the Selection Committee of that Faculty and their remuneration and other conditions of service shall be such as may be prescribed.
(3) The appointment of non-teaching staff and other employees shall be as may be prescribed.
35. Constitution of pension, Insurance or Provident Fund - (1) The University shall constitute, for the benefit of its officers, teachers, non-teaching staff and other employees in such manner and subject to such conditions as may be prescribed, such pension, Insurance and provident fund as it may be deem fit.
(2) Where any such pension, insurance or provident fund has been so constituted by the University, the Government may declare that the provisions of the Provident Funds Act, 1925 shall apply to such funds as if it were a Government Provident Fund:
Provided that the University shall have power in consultation with the Finance Committee, to invest the Provident Fund amount in such manner as may be determined.
36. Tribunal of Arbitration for disputes between the University and its staff - (1) Any dispute arising out of a contract between the University and any officer or teacher of the University shall, on the request of the officer or teacher concerned or at the instance of the Board, be referred to a Tribunal of Arbitration consisting of one member nominated by the Board, one member nominated by the Officer or teacher concerned and an umpire appointed by the Chancellor. The decision of the Tribunal shall be final.
(2) Any dispute arising out of a contract between the University and any non-teaching staff or employee may be referred by the Vice-Chancellor to a grievances committee consisting of such persons not being members of the Board of Management as may be nominated by the Board.
CHAPTER - VII University Funds, etc.,
37. General and Other funds - (1) The income from fees realized by, any contribution and endowment received by, and all grants made to, the University, shall form one general fund to be called the "General Fund of the University" and all money so realized and received shall be credited to it.
(2) The University may have such other fund and shall maintain such accounts in respect of every fund as may be prescribed.
38. Borrowing of money - The University may accept money from the Government of India, the State Government, the University Grants Commission and other agencies and also borrow money from a Bank or a Corporation, for the purposes of the University:
Provided that where the University intends to borrow money from a Bank or a Corporation or both exceeding an amount of fifty thousand rupees at a time or in the aggregate, it shall obtain the prior written approval of the Government therefor.
39. Certain restrictions in respect of financial matters- The University shall not divert earmarked funds for other purposes or revise the scales of pay of its staff or implement any scheme which involves any matching contribution from the Government or which imposes a recurring liability on the Government after the assistance from the sponsoring authority ceases without the prior written approval of the Government:
Provided that Finance Committee may authorize the creation and filling up of posts of teachers for a period not exceeding one year, but any such post shall not be continued or created afresh for any period beyond the said period of one year without the prior written approval of the Government.
40. Accounts and Audit - (1) The annual accounts shall be submitted by the Board to the Government who shall cause an audit to be made by such persons as the Government may appoint in this behalf.
(2) The accounts when audited shall be printed and copies thereof shall, together with the copies of the audit report, be submitted by the Board to the Government with its comments.
(3) The Government shall cause the audit report together with the comments of the Board to be laid before the state legislature.
CHAPTER -VIII Statutes and regulations