i) Funds of the College union and all societies/associations shall be under the custody of the principal and shall be operated by him.

ii) Each society / association will prepare budget on the baris of collection for the session duly discussed and parsed in the Executive meeting. A copy of the budget shall be submitted to the principal for his approval.

iii) The amount spent towards conducting the Annual College Election shall be meet from the College union fund.

iv) The requisition for funds shall be made to the principal by the secretary through the adviser/V.P.

v) The secretary shall receive payments from the office on proper r eceipt counter signed by the Adviser/V.P.

vi) Expenditure statements together with vouchers counter signed by the adviser / V.P. shall be submitted by the secretary to the office ordinarily within two weeks from the date of advance.

vii) Fends shall be requisitioned strictly in accordance with budget auotments.

repairements.
ix) No second advance shall ordinarily be allowed unless the earlier one is properly accounted for.

x) The secretary of each society/association shall place the accounts of the year for discussion and passing. Here after adviser/ Vice President will issue no due certificate no the concerned secretary which he shall produce before he is promoted to next higher clan or allowed to sit in the university or council Examination or take CLC as the case many be.

xi) The account of the Athletic Association will, whoever be maintained by the P.E.T. and governed by such rules as provided in the Athletic Association.

xii) All articles of permanent nature, purchased by the union, societies or Associations will remain in the custody of the vice-president, Athletic Association who will maintain the account and stock of the same through the P.E.T. of the College. These articles can be loaned to other societies on requisition of the V.P. of the concerned society.