(1) There shall be such number of Schools of Studies as the University may determine from time to time.
(2) The constitution, powers and functions of the Schools of Studies shall be such as may be prescribed by the Statutes.
The Finance Committee
21. The constitution, powers and functions of Finance Committee shall be such as may be prescribed by the Statutes.
Other Authorities
22. The constitution, powers and functions of the other authorities which may be declared by the Statutes to be authorities of the University shall be such as may be prescribed by the Statutes.
CHAPTER-VI University Fund Establishment of University Fund
23. The University shall establish a Fund to be called the University Fund.
Constitution of Fund
24. The following shall form part of or be paid into the University Fund;
(a) any loan, contribution or grant by Central or State Government or any body corporate;
(b) trusts, bequests, donations, endowments and other grants, if any;
(c) the income of the University from all sources including income from fees and charges;
(d) all other sums received by the University.
25. The University Fund shall be kept in any Scheduled Bank as defined in the Reserve Bank of India Act, 1934 (No.2 of 1934) or invested in securities authorized by the Indian Trusts Act, 1882 (No.2 of 1882), at the discretion of the Executive Council.
26. Nothing in this section shall in any way affect any obligation accepted by or imposed upon the University by any declaration of trust executed by or on behalf of the University for the administration of any trust.
Objects to which University Fund may be applied
27. The University Fund shall be applicable to the following purposes :-
(a) To the repayment of debts incurred by the University for the purposes of this Act and the Statutes, and the Ordinances and Regulations made thereunder;
(b) To the upkeep of the property of the University including the departments, regional centres, study centres, and the hostels;
(c) To the payment of cost of audit of the University Fund;
(d) To the expenses of any suit or proceedings to which University is a party;
(e) To the payment of salaries and allowances of the teaching and non-teaching staff of the University, Regional Centres, Study Centres and Departments maintained by the University and in furtherance of the purposes of this Act, Statutes and Ordinances and Regulations made thereunder and to the payment of other benefits;
(f) To the payment of traveling and other allowances of the members of the authorities of the University in pursuance of any provisions of this Act and the Statutes, Ordinances and Regulations;
(g) To the payment of fellowships, scholarships and other awards to the students.
(h) To the payment of any expenses incurred by the University in carrying out the provisions of this Act and the Statutes, Ordinances and Regulations made thereunder;
(i) To the payment of any other expenses not specified in any of the preceding clauses declared by the Executive Council to be the expense for the purposes of the University.
Expenditure not to exceed the Limit
28. No expense shall be incurred by the University in excess of the limits for, total recurring and non-recurring expenditure for the year fixed by the Executive Council.
No Expenses without Approval
29. No expenditure other than that provided for in the budget shall be incurred by the University without the previous approval of the Executive Council.
CHAPTER-VII Statutes, Ordinances and Regulations Statutes 30. Subject to the provisions of this Act, the statutes may provide for all or any of the following matters relating to the University and shall in particular provide for :-
(a) The manner of appointment of the Vice Chancellor, the term of his appointment, the emoluments and other conditions of his service and the powers and functions that may be exercised and performed by him;
(b) The manner of appointment of Directors, Registrars, Finance Officer and other officers, the emoluments and other conditions of their service and the powers and functions that may be exercise and performed by each of the officers;
(c) The constitution of the Executive Council and other authorities of the University, the terms of office of the members of such authorities and the powers and functions that may be exercised and performed by such authorities;
(d) The appointment of teachers and other employees of the University, their emoluments and other conditions of service;
(e) The principles governing the seniority of service of the teachers and other employees of the University;
(f) The procedure in relation to any appeal or application for review by any employee or student of the University against the action of any officer or authority of the University, including the time within which such appeal or application for review shall be preferred or made;
(9) The procedure for the settlement of disputes between the employees or students of the University and the University;
(h) All other matters which by the Act are to be, or may be, provided by the Statutes;
(i) Distance Education Council norms may be followed in delivery system.
Statutes how made