(1) The Statement of Accounts of every completed financial year shall beplaced for consideration of the Court together with the Audit Report in the next year. For this purpose the accounts shall be audited by a firm of Charted Accountants subject to overall Audit Scrutiny by the Accountant General, Assam.(2) Such Annual Statement of Accounts shall, together with copies of the audit report, be submitted, through the Executive Council, to the Court and to the State Government and thereupon, the State Government may publish the same in the Official Gazette.(3) The Finance Committee of the University shall conduct half-yearly internal audit and the report of such audit shall be submitted to the State Government regularly.(4) Notwithstanding anything contained hereunder, the State Government shall have power when deemed necessary to order an audit of the accounts of the University.(5) The annual budget estimates, shall after these are finalized by the Executive Council be circulated to the Chancellor, State Government and all members of the Court at least fifteen days before they are submitted to the State Government.(6) The University shall obtain prior approval from the Finance (Budget)Department of the State Government for opening any account in a Nationalised Bank or any other Bank. The operation of such Account by the University shall be as per approvals accorded from time to time by the said Department.
1018 THE ASSAM GAZETTE, EXTRAORDINARY, APRIL 11, 2017 Statutes Framing of Statutes
41. Subject to the provisions of this Act, the Statutes may provide for all/any of the following matters, namely:(i) the conferment of honorary Degrees;(ii) the Institution of Fellowships, Scholarship, Exhibition and prizes;(iii) the terms of office, the method of appointment and the conditions of service of the officers of the University;Civ) the designation and the powers of the officers of the University;(v) the constitution, powers and duties of the authorities of the University;(vi) the establishment of constituent Colleges and Hostels and their maintenance:Cvii) the constitution of Pensions, Insurance and Provident Funds for the benefit of the officers, teachers, clerical and other staff;(viii) the maintenance of a register of registered graduates; and(ix) all matters, which by this Act, are to be or may be prescribed by the Statutes.42. (1) Subject to the provisions of this Act and with the approval of theCourt, the Executive Council may make Statutes for the purpose of carrying out the provisions of this Act, and in respect of all maters which are required to be or may be provided for by the Statutes.(2) The draft Statutes or draft amendments may be approved oramended or rejected by the Court in the manner hereinafter provided that no draft Statutes or draft amendments to Statutes with financial implication shall be amended without further reference to the Executive Council.
Ordinances 43.
(a) every draft of Statute proposed by the Executive Council shall be submitted to the Court for consideration. Such draft shall be considered by the Court at its next meeting. The Court may pass the Statute or may amend it or may return the Statute to the Executive Council for re-consideration;(b) any draft of a Statute proposed by the Executive Council and rejected by the Court shall be submitted to the Chancellor who may refer it back to the Court for reconsideration;(c) every Statute passed by the Court shall be submitted to the Chancellor who may give or withhold his consent or refer it back to the Court for reconsideration;(d) a Statute passed by the Court shall have no validity until it has been assented to by the Chancellor;(e) any member of the Court may propose to the executive Council the draft of any Statutes; and the Executive Council shall submit such proposed draft to the Court with its comments.Subject to the provisions of this Act, and the Statutes, the Executive Council may frame Ordinances to provide for all or any of the following matters, namely:(i) the admission of students to the University and their enrolment as such;(ii) the courses of study to be laid down for all degrees and diplomas of the University;(iii) the conditions under which the students shall be admitted to the degree and diploma courses and the examinations of the University and shall be eligible for the Degrees and Diplomas;
Regulations Acts or proceedings not to be invalid by reasons of certain irregularities Chancellor’s decision to be final in certain matters Period of membership of the Authorities THE ASSAM GAZETTE, EXTRAORDINARY, APRIL 11, 2017