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State of West Bengal - Section

Section 12 in The West Bengal University of Animal and Fishery Sciences Act, 1995

12. The Finance Officer.

(1)The Finance Officer shall be a whole-time officer of the University and shall be appointed by the Council on the recommendation of a standing committee.
(2)The salary and allowances and other conditions of service of the Finance Officer shall be such as may be prescribed.
(3)The Finance Officer shall manage the funds and investments of the University and shall advise in regard to its financial policy.
(4)The Finance Officer shall be responsible to the Vice-Chancellor for the preparation of the budget and the statements of accounts of the University.
(5)The Finance Officer shall be responsible to the Vice-Chancellor for ensuring that expenses are made in terms of the provisions in the budget. When any revision of the budget is needed in connection with any new programmes or changed requirements or for other reasons, he shall prepare a revised or supplementary budget and cause it to be placed before the appropriate authority for approval. He may disallow any expenditure which may contravene the provisions of any Statute or for which provision is required to be made by a new Statute.