(1) The Chief Finance and Accounts Officer shall be appointed by the Chancellor in such manner, as may be prescribed.
(2) No person shall be qualified to be appointed as Chief Finance and Accounts Officer, unless he is a Chartered Accountant.
(3) The Chief Finance and Accounts Officer shall exercise such powers and perform such functions, as may be prescribed.
14, (1) The University may appoint such other officers, as it may deem necessary for its smooth functioning.
(2) The manner of appointment of such other officers of the University and their powers and functions shall be such, as may be prescribed.
15. The following shall be the authorities of the University, namely:-
(i) the Governing Body;
(ii) the Board of Management;
(iii) the Academic Council;
(iv) the Finance Committee; and The Pro Vice-Chancellor.
The Registrar, The Chief Finance and Accounts:
Officer.
‘Other officers.
Authorities of the University.
oe ® 110 PUNJAB GOVT. GAZ. (EXTRA), FEBRUARY 18, 2013 (MAGHA 29, 1934 SAKA)
(v) such other authorities, as may be declared by the statutes to be the authorities of the University.
Bt ee The Governing 16. (1) The Governing Body of the University shall consist of the Body. following persons, namely:- ¥ () the Chancellor; Chairman
(ii) the Vice-Chancellor; Member « (iii) the Pro Vice-Chancellor; Members
(iv) five members of the Foundations Members elected by it;
(v) three eminent experts nominated Members by the Foundations one each from agriculture, industry and business;
(vi) two eminent academicians nominated Member by the Foundations;
(vii) one expert of finance, * Member nominated by the Chancellor; and
(viii) the Secretary to Government of Punjab, Member Department of Higher Education or his representative not below the rank * of Joint Secretary.
(2) The Governing Body shall be the supreme body of the University. It shall perform the following functions, namely:-
(i) to provide general superintendence and to give directions for controlling the functioning of the University in accordance with the statutes, the ordinances and the regulations;
(ii) to review the decisions of other authorities in case these are not in conformity with the provisions of this Act, the statutes, the ordinances and the regulations;
(iii) to approve the budget and annual report of the University;
(iv) to lay down the extensive policies to be followed by the University;
® — PUNJABGOVT. GAZ.(EXTRA), FEBRUARY 18,2013 111 (MAGHA 29, 1934 SAKA)
(v) to recommend to the Foundations , the voluntary liquidation of the University, if such situation arises when ‘e en possible in spite of all efforts; and
(vi) to exercise such other powers,as may be prescribed by the statutes.
(3) The Governing Body. shall meet at least twice in a calendar
(4) The quorum for meeting of the Governing Body shall be five.