Section 40(5) in Regulations of the Tamil Nadu Agricultural University
(5)For incurring an expenditure on new schemes or civil works not contemplated in the financial statement of that year, the Comptroller shall prepare a supplementary statement showing the estimate amount of expenditure to be placed before the Finance Committee and the Board for consideration.However, the initial expenditure on Indian Council of Agricultural Research and other schemes financed by outside agencies will be met from the University funds. Wherever the schemes are sanctioned to the University on matching grant basis, such schemes requiring less than Rs. 1 lakh as matching share of the University be implemented by re-appropriation of funds under the authority of the Vice-Chancellor and those requiring more than Rs. 1 lakh be placed before the Board for necessary sanction
