Central

Section 26 of The English and Foreign Languages University Act, 2006

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

Summary

This section focuses entirely on the Finance Committee of the university.
It does not give the specific membership rules in the Act itself, but instead points to the Statutes.
The Statutes are given the sole authority to prescribe the constitution, powers, and functions of the Finance Committee.

Practical examples

1In 2027, the university hires a new Finance Officer, Mr. Gupta, who needs to know his committee's exact voting powers, which he finds detailed in the Statutes.

2An external auditor checking the university's 2028 spending limits consults the Statutes to see if the Finance Committee acted within its legal constitution.

FAQ

1. Who decides what the Finance Committee can do?

The Statutes of the university outline the committee's powers and functions.

2. Can the Finance Committee write its own constitution?

No, it must follow what is prescribed centrally in the Statutes.

Test yourself

Q1.Under Section 26 of The English and Foreign Languages University Act, 2006, what determines the constitution of the Finance Committee?

Q2.Under Section 26 and Section 29 of The English and Foreign Languages University Act, 2006, if the constitution of the Finance Committee needs to change, whose assent is ultimately required to validate the new Statute?

Q3.Under Section 26 of The English and Foreign Languages University Act, 2006, which three elements relating to the Finance Committee are delegated to the Statutes?

Q4.Under Section 26 of The English and Foreign Languages University Act, 2006, if the university wants to expand the Finance Committee's powers, what legal instrument must be updated?

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