(1)There shall be constituted a Finance Committee which shall be a sub-Committee of the [Executive Council] [Throughout the Act for the words 'Board of Management' the words 'Executive Council' substituted by Act No.13 of 1995.] with the following as members, namely:-(a)Vice-chancellor (Chairman);(b)two members of the [Executive Council] [Throughout the Act for the words 'Board of Management' the words 'Executive Council' substituted by Act No.13 of 1995.] nominated by it;(c)one member of the [Executive Council] [Throughout the Act for the words 'Board of Management' the words 'Executive Council' substituted by Act No.13 of 1995.] to represent Banking or Accounting;The Finance Officer shall be the Secretary of the Finance Committee.
