State · Assam

Section 24 of The Assam University Act, 1989

The constitution, powers and functions of the Finance Committee shall be prescribed by the Statutes.

Summary

The University has a Finance Committee.
The composition of this committee (who is on it) is set by the University's Statutes.
The powers it holds and the functions it performs are also dictated by the Statutes.

Practical examples

1In March 2026, the Finance Committee prepares to review the university's upcoming budget, exercising powers granted to it by the Statutes.

2A new financial auditor is hired by the university and reviews the Statutes to understand exactly what the Finance Committee is legally allowed to approve.

FAQ

1. Is the Finance Committee the final authority on money?

The exact limits of their authority are not in this section. It depends entirely on what the Statutes say.

2. Who is on the Finance Committee?

The constitution of the committee is also left to the Statutes to define.

Test yourself

Q1.Under Section 24 of The Assam University Act, 1989, which document prescribes the functions of the Finance Committee?

Q2.Under Section 24 of The Assam University Act, 1989, what aspect of the Finance Committee is determined by the Statutes?

Q3.Under Section 24 of The Assam University Act, 1989, read with Section 18, what is the official status of the Finance Committee?

Q4.Under Section 24 of The Assam University Act, 1989, what financial limits are explicitly imposed by the text of this section?

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