State Act

24

Section 24. The Finance Committee

THE ICFAI UNIVERSITY ACT, 2003

Act no. 16 of 20032003RepealedUttarakhand (State Act)

This Act was repealed on a date we do not have by the Uttarakhand Private Universities Act, 2023 (Uttarakhand Act 2 of 2024), s.72(1) and Schedule-I item 3; it may still apply to matters that began before then.

24. (1) The Finance Committee shall consist of:- (a) The Vice-Chancellor – Chairman; (b) The Registrar -- Secretary; (c) The Finance Officer (d) Principal Secretary/Secretary to the State Government in the Higher Education Department or his nominee not below the rank of Joint Secretary to the State Government; (e) Such other members as may be prescribed in the statutes. (2) The Finance committee shall be the principal financial body of the University to take care of financial matters and shall, subject to the provisions of this Act, Rules, Statutes and Acts, co-ordinate and exercise general supervision over the financial matters of the University.