20. Finance Committee.

(a) The Vice-Chancellor;
(b) Two other members nominated by the Board of Governors from amongst its members of whom one shall be a Professor;
(c) Such other members as may be prescribed by the Statutes.
(a) to examine and scrutinize the annual budget of the University and to make recommendations on financial policies to the Board of Governors;
(b) to consider all proposals for new expenditure items and to make recommendations to the Board of Governors;
(c) to consider the periodical statement of accounts and to review the finances of the University from time to time and to consider and the audit reports re-appropriation statements and to make recommendations to the Board of Governors;
(d) to give its views and to make recommendations to the Board of Governors on any financial question affecting the University either on its own initiative or on reference from the Board of Governors.