Section 24 of The University of Allahabad Act, 2005
The Finance Committee.
The constitution, powers and functions of the Finance Committee shall be prescribed by the Statutes.
Summary
- This section officially establishes the Finance Committee within the University.
- It is a very brief provision that delegates all the specific details to the Statutes.
- The Statutes will dictate exactly who makes up the committee, what powers they hold, and what functions they perform.
Practical examples
FAQ
1. Does this section list the members of the Finance Committee?
No, the constitution of the committee is prescribed by the Statutes.
2. What are the exact functions of the Finance Committee?
This section does not list them, it states that its functions are left to the Statutes.
3. Is the Finance Committee a legally recognized part of the University?
Yes, this section officially mandates its existence, even though it relies on the Statutes for the details.
Test yourself
1.Under Section 24 of The University of Allahabad Act, 2005, which document outlines the powers and functions of the Finance Committee?
2.Under Section 24 of The University of Allahabad Act, 2005, which three aspects of the Finance Committee are specifically handed over to the Statutes to define?
3.If a researcher reads only Section 24 of The University of Allahabad Act, 2005, what will they learn about the Finance Committee's specific spending limits?
4.Under Section 24 of The University of Allahabad Act, 2005, compared to Section 20 of the same Act, what can a reader deduce about the Finance Committee?