74. It shall be the duty of the Secretary of a University-
| (a) to keep the accounts of the University in such form as the Board of Regents shall from time to time direct; |
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| (b) to receive all moneys paid into the University Fund and to credit such moneys to the proper heads of account; |
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| (c) to make all authorized payments; |
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| (d) to prepare, for the consideration of the Board of Regents, such quadrennial estimates as are required by the National Council, the annual financial appropriations for the ensuing financial year and any supplementary estimates under section 80: |
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Provided, however, that income derived from grants made for specific purposes, or from endowments for specific objects, shall be separately accounted for in the accounts of the University, and that no payments shall be made from such income for the general purposes of the University or for any purposes or objects other than those for which such grants or endowments were respectively made. |
Sri Lanka Consolidated Acts