(1) As soon as may be after the close of a year, 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.
Annual Report.
Annual Accounts and Budget.
aliCatia•liharati. ,Ac 196).
XXI O 1967.1 . , .. .
. (Chapter VI.—Supplemeitary Pravisions.—.S'ectz6)1. 25.)
.
-(2) The University shall , consider the audited annual accounts at a meeting- and may take such action thereon as 't 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 precedine 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 Government.
<5) The State Government may require the University to supply to it any information in regard to- the accounts and the budget and the University shall 'comply with such Nequisition.
CHAPTER VI.
Supplementary Provisions.