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State of Punjab - Section

Section 25 in The Statutes of the Punjabi University

25. [ The authorities of the University shall be competent to write off losses detailed below :

1. Head of the Department Single item up to Rs. 250/- but the total loss not exceedingRs. 1,000/- in a financial year.
2. Registrar Single item up to Rs. 1,000/- but the total loss not exceedingRs. 5,000/- in a financial year.
3. Vice-Chancellor Upto Rs. 10,000/- in a financial year.
4. Standing Committee appointed by the Syndicate Above Rs. 10,000/-.]
[Note : All cases of writing off of losses above Rs. 5,000/- would be reported to the Syndicate under 'Statement Item.']
(ii)Financial Powers of the Heads of the University Departments