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State of Gujarat - Section

Section 41 in Gujarat Organic Agricultural University Act, 2017

41. Finance Committee.

(1)The Finance Committee of the Board shall consist of the following members, namely:-
(i)the Vice-Chancellor - Chairperson;
(ii)the Secretary to the Government of Gujarat, Finance Department or his nominee not below the rank of Deputy Secretary;
(iii)the Secretary to the Government of Gujarat, Agriculture Department or his nominee not below the rank of Deputy Secretary;
(iv)one Director or Dean from amongst the Board Members, to be nominated by the Vice-Chancellor;
(v)one nominee of the Board;
(vi)the Comptroller - Member-Secretary.
The Registrar shall be the non-member invitee.
(2)The 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;
(iii)to make recommendations to the Board on all matters relating to the finances of the University.