(a) laying down, the procedure to be observed at their meetings and the number of members required to form the quorum; and
(b) providing for all matters which by this Act and regulations are to be specified.
(2) Every authority shall make sub-regulations providing for the giving of notice to the members of such authority of the dates of meetings and of the business to be considered in the meetings and for the keeping of a record of the proceedings of the meetings.
22. The State Government shall provide a one-time grant not exceeding rupees twenty-five crore to create a Corpus of Funds which thereafter shall be maintained and replenished by the University by mobilising funds from time to time by way of grants, donations, fees and such other charges as it may be enabled to levy under its regulations.
23. The annual report of the University shall be prepared and shall be submitted to the Board for approval at its annual meeting on or before such date as may be prescribed by regulations.
24. The accounts of the income and expenditure of the University shall be submitted once every year to the State Government for such examination and audit, as the State Government may direct. The accounts when audited, shall be published in the Official Gazette of the State Government.