No* 5/2016 GWANDA STATE UNIVERSITY Cap. 25: 30 (3) Except as otherwise specifically provided by the Act or these Statutes, each board or committee shall determine and may make rules for the time, place and procedure of its meetings. (4) The minutes of a meeting of a board or committee shall be laid on the table at the next following meeting of the body that appointed it. (5) At a meeting of board or committee, in the event of an equality of votes on any matter, the person presiding shall have a casting vote in addition to his or her deliberative vote. (6) Subsections (3), (4) and (5) shall apply, with such changes as may be necessary, to the Council and Senate, save that minutes of the Council shall be sent to the Chancellor and the Minister and a report of each meeting of the Senate shall be laid on the table at a meeting of the Council. Financial procedures 20. (1) The Council shall fix the financial year of the University. (2) The Finance Committee shall submit to the Council, before the beginning of the financial year, draft estimates of income and expenditure, and such estimates, amended as the Council thinks fit, shall be approved by the Council before the beginning of the financial year. (3) The Council may revise the estimates during the course of the financial year and give directions for the manner in which amendments of expenditure estimates may be made, which directions may make provision for delegating the powers of revision so long as such delegation does not extend to altering the total estimated expenditure. (4) As soon as practicable after the end of the financial year, a balance sheet and income and expenditure account, with supporting schedules, shall be submitted to the auditors. (5) The audited accounts, with any comments thereon made by the auditors, shall be submitted to the Council. Auditors 21. (1) Subject to subsections (2) and (3), the Council shall, before the beginning of each financial year, appoint auditors who are registered as Public Auditors in terms of the Public Accountants Act and Auditors Act [Chapter 27:12] (2) No person shall be appointed as an auditor in terms of subsection (1) if he or she, or any of his or her partners or employees, holds any other office in the University. (3) If no appointment of new auditors is made before the beginning of any financial year, the auditors in office shall continue in office. (4) An auditor appointed in terms of subsection (1) shall be entitled at all reasonable times to require any officer, employee or agent of the University— (a) to produce all accounts and other records relating to the financial affairs of the University as may be in the custody of such officer, employee or agent; and (b) to provide such information or explanation as, in the opinion of the auditor, is necessary for the purpose of the audit. 182