(1) As soon as may be after the close of a yesr the accounts of the University for that year shall be audited by an auditor appointed by the State Government or in such other manner as the State Government may direct.
(2) The University shall consider the audited annual accounts at a meeting and may take such action thereon as it thinks .fit.
(3) The budget for each year shall be presented to and considered by the University at a meeting convened for the purpose not less than one month before the end of the preceding year. The University may take such action thereon as it may deem fit.
(4) Copies of the budget as passed by the University and the audited accounts together with copies of the audit report shall be submitted to the Chancellor and to the State Govcrnrnent.
Fund of the University.
Annual Report.
Annual Accounts and Budget.
Visit and Inspection.
Contract of service for officers and Tesehers.
14 The Kalyani University Act, 1960.
[West Ben. Act (Chapter VI.—Supplementary Provisions.—Sections 24-26.)
(5) The State Government may require the University to supply to it any information in regard to the accounts and the budget of the University and the University shall comply with such requisition.
CHAPTER VI.
SUPPLEMENTARY PROVISIONS.