(a) to examine the annual accounts of the University and to advise the Board thereon;
(b) to examine the annual budget estimates and to advise the Board thereon;
(c) to review the financial position of the University from time to time;
(d) to make recommendation to the University on all matters relating to the finances of the University; and
(e) to make recommendation to the Board on all proposals involving expenditure for which no provision has been made in the budget or which involves expenditure in excess of the amount provided in the budget.
(2) The accounts and the balance sheet shall be submitted by the Vice-Chancellor through the Board to the State Government, which shall cause them to be audited by the Examiner, Local Fund Accounts.
(3) The accounts, when audited, shall be printed and copies thereof together with audit report, shall be submitted by the Vice-Chancellor to the Board, which shall forward them to the State Government with such comments, as it may deem fit.
Other funds.
Constitution of Finance Committee.
Powers and duties of Finance Committee.
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49. The State Government shall have the power to order special audit of the accounts of the University by such auditor or agency, as it may direct.
CHAPTER-VIII MISCELLANEOUS
50. (1) The College of Veterinary Sciences, Hisar, College of Animal Sciences, Hisar, fishery unit in the department of Zoology, hostels attached with the aforesaid Veterinary Sciences College, all other movable and immovable assets, liabilities and obligations pertaining thereto shall stand transferred and vested in the University. The College of Animal Sciences shall be renamed as Department of Animal Sciences and Fishery Unit shall be renamed as Department of Fishery Sciences and both shall become part of the College of Veterinary Sciences in the University:
Provided that till the facilities are provided in the University, the University shall continue to share the facilities of library, hospital, playgrounds, guest houses, auditoria, clubs, public health services and accommodation for the employees or any other facility available with the existing university.
(2) The persons under the employment of the College of Veterinary Sciences, Hisar, College of Animal Sciences, Hisar, fishery unit in the Department of Zoology, hostels attached with the aforesaid Veterinary sciences College shall stand transferred to the University on the same terms and conditions of service as are applicable to them in the aforesaid college or institution, unless and until, such conditions are changed with the consent of such persons:
Provided that no person, who is employed on deputation in the said college or institution from the State Government etc., shall be transferred to the University, without the prior approval of the State Government.
(3) The employees of the Central Offices of the existing university’s administration i.e. Registrar, Comptroller, Director, Students’ Welfare, Estate Officer, Dean, Postgraduate Studies, Director of Research, Director of Extension Education, Librarian and University Hospital or any other centralized offices or facilities, dealing with Veterinary, animal sciences, fisheries and related activities along with budget shall stand transferred to the University.
51. (1) On the commencement of this Act, the assets and liabilities of the existing university relating to Veterinary, animal sciences and fishery Power of State Government to direct audit.
Transfer of College, institution and employees to University.
Division of assets and liabilities.
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(a) any asset of existing university, which immediately before the commencement of this Act, is related to Veterinary, animal sciences, fishery sciences and disease free small animal house, including agricultural land used for fodder or feed production, dairy and poultry farms, fisheries and every right to such property, shall stand transferred to, and shall vest in the University;
(b) the land of the experimental area of the existing university, adjoining the Immunology (Tick Borne Diseases) building shall stand transferred to the University.
Explanation.—For the purposes of this section, “asset” shall be deemed to include all property movable and immovable, rights, powers, authorities and privileges, and all other rights and interests arising out of such property, as were immediately before the commencement of this Act, in the ownership, possession, power or control of existing university, and all books of accounts, registers, records and all other documents of whatever nature relating thereto, shall also be deemed to include all obligations of whatever kind then subsisting, of the existing university.
52. If on the commencement of this Act, any suit, appeal or other proceeding of whatever nature, is pending by or against the existing university, the same shall not abate or be discontinued or be in any way prejudicially affected by reason of the re-organization of the existing university, but such suit, appeal or other proceedings, may be continued, prosecuted or enforced by or against the concerned university to which the subject matter of such suit, appeal or other proceedings pertain after the re-organization.
53. In all suits and other legal proceedings by or against the University, the pleadings shall be signed and verified by the Registrar, and all process in such suits and proceedings shall be issued to, and be served on him.
54. Any reference to the existing university in any law, other than this Act, or in any contract or other instrument, shall be construed— Legal proceedings.
Authentication of pleadings.
Construction of references to existing university in any document.
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(a) if such reference relates to any asset or property of the existing university, as a reference to the existing university;
and
(b) in any other case, as a reference to the University.
55. If the existing university prior to the establishment of this University, has conducted any examination, but the result thereof has not yet been declared, in such cases, the existing university shall declare the result and confer the degree, diploma, certificate and mark sheet, as the case may be.
56. If any difficulty arises in giving effect to the provisions of this Act, the State Government may, by order published in the Official Gazette, make such provisions not in consistent with the provisions of this Act, as may appear to be necessary for removing the difficulty:
Provided that no order shall be made under this section, after the expiry of a period of two years from the date of commencement of this Act.
Obligations to be discharged by existing university.
Power to remove difficulties.
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