Section 19: Finance Committee

Finance Committee.- (1) The Finance Committee shall consist of– (i) The Vice-Chancellor; Ex officio Chairman (ii) The Secretary to Government in-charge of the Finance Department, or his/her nominee not below the rank of Deputy Secretary Member (iii) The Secretary to the Government in-charge of the Agriculture Department, or his/her nominee not below the rank of Deputy Secretary Member (iv) The Director, Research/Extension Education/ Education (one Director by rotation every year to be nominated by the Vice-Chancellor) Member (v) One nominee of the Board who be the non-official member of the Board Member (vi) The Comptroller Ex-officio Secretary Explanation.- For the purposes of this sub-section, expression “Secretary to the Government in-charge” means the Secretary to the Government in-charge of a department and includes an Additional Chief Secretary and a Principal Secretary when he/she is in-charge of that department. (2) Finance Committee shall have the following functions, namely:- (i) To examine the annual accounts and budget estimates of the University and to advise the Board thereon; (ii) To review the financial position of the University from time to time; and (iii) To make recommendations to the Board on all matters relating to the finances of the University.