45. Board to consider budget estimates and annual financial appropriations

The budget estimates and the annual financial appropriations of the University prepared with the assistance of the Director, Finance under paragraph (d) of section 46, shall be considered by the Board before such date as may be prescribed by by-law. The Board may make such alterations in such estimates and financial appropriations as it thinks fit, and shall submit them to the Minister together with the accounts of the University for the completed financial year and the Minister may where he considers it necessary amend any such estimates and financial appropriations.