Section 28A(2) in Karnataka Universities of Agricultural Sciences Act, 1963
(2)The Finance Committee shall perform the following functions, namely:-(i)scrutinise the annual budget estimates and make its recommendations to the Board;(ii)conduct the general examinations of the accounts of the University review the yearly audit reports and make its recommendations thereon;(iii)examine all proposals of the University involving expenditure for which no provision is made in the budget or involving expenditure in excess of the amount provided for in the budget;(iv)such other functions as may be prescribed by the Statutes.
