Section 14(1) in Andhra Pradesh Higher Education Regulatory and Monitoring Commission Rules, 2019
(1)Appointment of Finance Officer : -(a)The Commission may appoint a Finance and Accounts Officer who has 15 years of experience in the field of Finance in the Private Sector or a retired Government official of the rank of Joint Director who has worked with the Finance Department of the Government;(b)The Finance and Accounts Officer shall be appointed on contractual basis for a period of three years extendable further by the Government by not more than two years or until he or she attains the age of 70 years whichever is earlier;(c)The Finance and Accounts Officer shall receive a consolidated pay of Rs.50,000/- per month;
