Section 37 in Regulations of the Tamil Nadu Agricultural University
37. University Funds.
(1)The Comptroller shall receive all money on behalf of the University and shall deposit it in the State Bank of India and maintain proper accounts therefor.(2)He shall, from time to time, make available by transfer, necessary funds required by the Heads of Institutions including those of research stations and other units as directed by the Vice-Chancellor.(3)The Comptroller shall maintain overall accounts for the University. All the Units who operate Bank Accounts as per clause (2) of this regulation shall render necessary monthly accounts to the Comptroller.(4)The Comptroller shall maintain accounts for all re-payable advances, Provident Fund, Endowment Funds and other Funds.(5)The Comptroller shall arrange for the maintenance of separate accounts for various amount that do not pertain to the University, viz., scholarships received from outside authorities, funds relating to extra-curricular activities of the students, etc. Fie shall, with the approval of the Vice-Chancellor, authorise any employee of the University to maintain the said accounts.
