Section 25 in The School of Planning and Architecture Act, 2014

Title: Accounts and audit.

Description: (1) Every School shall maintain proper accounts and other relevant records and prepare annual statement of accounts including the balance sheet in such form and accounting standard as may be specified by notification, by the Central Government in consultation with the Comptroller and Auditor-General of India. (2) Where the statement of income and expenditure and the balance sheet of the School do not comply with the accounting standards, the School shall disclose in its statement of income and expenditure and balance sheet, the following, namely:— (a) the deviation from the accounting standards; (b) the reasons for such deviation; and (c) the financial effect, if any, arising out of such deviation. (3) The accounts of every School shall be audited by the Comptroller and Auditor-General of India and any expenditure incurred by audit team in connection with such audit shall be payable by the School to the Comptroller and Auditor-General of India. (4) The Comptroller and Auditor-General of India and any person appointed by him in connection with the audit of the accounts of the School shall have the same rights, privileges and authority in connection with such audit as the Comptroller and Auditor-General of India has in connection with the audit of the Government accounts and, in particular shall have the rights to demand the production of books, accounts, connected vouchers and other documents and papers and to inspect the offices of the School. (5) The accounts of every School as certified by the Comptroller and Auditor-General of India or any other person appointed by him in this behalf together with the audit report thereon shall be forwarded annually to the Central Government and that Government shall cause the same to be laid before each House of Parliament in accordance with such procedure as may be laid down by the Central Government.

Title: Pension and provident fund.

Description: (1) Every School may constitute for the benefit of its employees such provident or pension fund or provide such insurance scheme as it may deem fit in such manner and subject to such conditions as may be prescribed by the Statutes. (2) Where such provident fund or pension fund has been so constituted, the Central Government may declare that the provisions of the Provident Funds Act, 1925 (19 of 1925), shall apply to such fund, as if it were a Government provident fund.

Title: Appointments

Description: All appointments of the staff of every School, except that of the Director, shall be made in accordance with the procedure laid down in the Statutes, by:— (a) the Board, if the appointment is made on the academic staff in the post of Assistant Professor or if the appointment is made on the non-academic staff in every cadre the maximum of the pay scale for which exceeds prevalent grade pay scale for Group "A" Officers; (b) the Director, in any other case.

Title: Statutes

Description: Subject to the provisions of this Act, the Statutes may provide for all or any of the following matters, namely:— (a) the conferment of honorary degrees; (b) the formation of departments of teaching and centres for research; (c) the fees to be charged for courses of study in the School and for admission to the examinations of degrees and diplomas of the School; (d) the institution of fellowship, scholarships, exhibitions, medals and prizes; (e) the term of office and the method of appointment of officers of the School; (f) the qualifications of teachers of the School; (g) the classification, the method of appointment and the determination of the terms and conditions of service of teachers and other staff of the School; (h) the constitution of pension, insurance and provident funds for the benefit of the officers, teachers and other staff of the School; (i) the constitution, powers and duties of the authorities of the School; (j) the establishment and maintenance of halls and hostels; (k) the conditions of residence of students of the School and the levying of fees for residence in the halls and hostels and of other charges; (l) the allowances to be paid to the Chairperson and Members of the Board; (m) the authentication of the orders and decisions of the Board; and (n) the meetings of the Board, the Senate, or any Committee, the quorum at such meetings and the procedure to be followed in the conduct of their business.

Title: Statutes how made.

Description: (1) The first Statutes of each School shall be framed by the Central Government with the approval of the Visitor and a copy of the same shall be laid as soon as may be before each House of Parliament. (2) The Board may, from time to time, make new or additional Statutes or may amend or repeal the Statutes in the manner provided in this section. (3) Every new Statutes or addition to the Statutes or any amendment or repeal of Statutes shall require the prior approval of the Visitor who may grant assent or withhold assent or remit it to the Board for consideration. (4) New Statutes or a Statute amending or repealing an existing Statute shall have no validity unless it has been assented to by the Visitor: Provided that the Central Government with the prior approval of the Visitor may frame or amend the Statutes for the School, if the same is required for uniformity and a copy of the same shall be laid as soon as may be before each House of Parliament.