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rules and regulations of gbpihed - Govind Ballabh Pant Institute of ...

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the investment <strong>of</strong> the <strong>Institute</strong> are duly preserved <strong>and</strong> managed.<br />

9. All contracts except mentioned in the Chapter VI shall be entered into <strong>and</strong><br />

signed by the Administrative Officer <strong>and</strong> Finance Officer jointly on behalf <strong>of</strong><br />

the <strong>Institute</strong>.<br />

10. The Administrative Officer shall also perform such other duties as may be<br />

assigned to him by the Director from time to time.<br />

2.3 Finance Officer:<br />

1. The Finance Officer shall be appointed by the Governing Body.<br />

2. The Finance Officer shall be whole time executive <strong>of</strong> the <strong>Institute</strong> <strong>and</strong> shall not<br />

take any remunerative job other than that <strong>of</strong> the <strong>Institute</strong>.<br />

3. The Finance Officer shall be responsible for preparing the budget (annual<br />

estimates) in consultation with the In-charge <strong>of</strong> the various cores/ units <strong>of</strong> the<br />

<strong>Institute</strong> <strong>and</strong> the statement <strong>of</strong> accounts <strong>of</strong> all the units <strong>of</strong> the <strong>Institute</strong> <strong>and</strong> shall<br />

also be the drawing <strong>and</strong> disbursing Officer <strong>of</strong> the funds <strong>of</strong> the <strong>Institute</strong> on behalf<br />

<strong>of</strong> the Director.<br />

4. The Finance Officer shall be responsible:<br />

a) to ensure that no expenditure, not authorised in the budget, is incurred<br />

by the <strong>Institute</strong>; <strong>and</strong><br />

b) to disallow any proposed expenditure which may contravene the<br />

provisions <strong>of</strong> the <strong>rules</strong> <strong>and</strong> <strong>regulations</strong> <strong>of</strong> the <strong>Institute</strong>;<br />

c) to ensure that no financial irregularities are committed <strong>and</strong> to take<br />

steps to set right all irregularities pointed out during the audit.<br />

5. The Finance Officer shall have access <strong>and</strong> may require the production <strong>of</strong> such<br />

records <strong>and</strong> documents <strong>of</strong> the <strong>Institute</strong> <strong>and</strong> furnishing such information<br />

pertaining to its affairs as in his opinion be necessary for the discharge <strong>of</strong> his<br />

duties.<br />

6. Other powers <strong>and</strong> functions <strong>of</strong> the Finance Officer shall be such as may be<br />

assigned by the Director from time to time.<br />

2.4 Accounts Officer:<br />

1. Accounts Officer shall be appointed by the Director.<br />

2. The Accounts Officer shall be responsible for maintaining the accounts <strong>of</strong> the<br />

<strong>Institute</strong> <strong>and</strong> its units <strong>and</strong> will be directly responsible to the Finance Officer.<br />

3. The Accounts Officer shall be responsible for keeping the accounts <strong>of</strong> the<br />

<strong>Institute</strong>'s employees provident funds/contributory funds/ LIC accounts etc.,<br />

upto date.<br />

4. The Accounts Officer shall also discharge other duties assigned to him by the<br />

Director from time to time.<br />

4

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