(1)There shall be a Finance Committee with the Vice-Chancellor as the Chairman to give advice to the University on any question affecting its finances.(2)There shall be a Financial Officer who shall be the Secretary of the Finance Committee and shall exercise such powers and perform such duties as may be prescribed by the Statutes.(3)The constitution, powers and functions of the Finance Committee and its procedure in financial matters, including the delegation of its powers, shall be prescribed by the Statutes.
