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[Cites 0, Cited by 0] [Section 59(2)] [Section 59] [Entire Act]

State of Maharashtra - Subsection

Section 59(2)(g) in The Maharashtra University of Health Sciences Act, 1998

(g)The Committee shall perform the following additional functions and duties, namely:-
(i)recommend to the Management Council the limits for the total recurring and non-recurring expenditure for the year, based on the income and resources of the University, including the proceeds of loans for productive work;
(ii)recommend to the Management Council productive investment and management of the University assets and resources;
(iii)explore the possibilities of, and resort to, augmenting further the resources for the development of the University;
(iv)take necessary steps to have the University accounts audited by auditors appointed by the Management Council;
(v)advise the Management Council on matters related to the administration of the property and the funds of the University;
(vi)insure proper implementation of the Government's orders issued from time to time, in respect of financial matters;
(vii)advise on financial matters referred to it by the Management Council, Academic Council or any other authority body or committee or any officer of the University;
(viii)report to the Vice-Chancellor any lapse or irregularity in financial matters which comes to its notice, who may take, suitable prompt actions after assessing the seriousness of the matter or refer it to the Management Council;