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14

Treasurer

Act: Abdul Wali Khan University Mardan Act 2009

Section Provisions

ACT XVIII OF 2009 ACT XVIII OF 2009 ABDUL WALI KHAN UNIVERSITY, MARDAN ACT, 2009 An Act to provide for the establishment of a University to be known as the Abdul Wali Khan University, Mardan [Gazette of N.-W.F.P. Extraordinary, 24th October, 2009] No.PA/NWFP/Bills/2009/38482, dated 24-10-2009.--The Abdul Wali Khan University, Mardan Bill, 2009 having been passed by the Provincial Assembly of North-West Frontier Province on 9th October, 2009 and assented to by the Governor of the North-West Frontier. Province on 20th October, 2009 is hereby published as an Act of the Provincial Legislature of the North-West Frontier Province. Preamble.---Whereas it is expedient to provide for the establishment of a University to be known as the Abdul Wali Khan University, Mardan and for matters connected therewith and ancillary thereto, in the manner hereinafter appearing; It is hereby enacted as follows:--- CHAPTER - III OFFICERS OF THE UNIVERSITY 14. Treasurer.--(1) There shall be a Treasurer of the University to be appointed by the Senate on the recommendation of the Vice-Chancellor, on such terms and conditions as may be prescribed: Provided that till such time as the Senate under this Act is fully constituted, the appointment shall be made by the Chancellor on the recommendation of the Vice-Chancellor; (2) The experience and the professional and academic qualifications necessary for appointment to the post of the Treasurer shall be such as may be prescribed. (3) The Treasurer shall be the Chief Financial Officer of the University and shall- (a) manage the assets, liabilities receipts, expenditures, funds and investments of the University; (b) prepare the annual and revise budget estimates of the University and present them to the Syndicate or a Committee thereof for approval and incorporation in the budget to be presented to the Senate; (c) ensure that the funds of the University are expended on the purposes for which they are provided; (d) have the account of the University audited annually so as to be available for submission to the Senate within six months of the close of the financial year; and (e) perform such other duties as may be prescribed. (4) The term of office of the Treasurer shall be three years and may be renewed from time to time: Provided that the Senate may, on the advice of the Vice-Chancellor, terminate the appointment of the Treasurer on grounds of inefficiency or misconduct in accordance with prescribed procedure.