(1) The Finance and Planning Committee shall consist of –

          (i)   the Vice-Chancellor;

          (ii)   one member of the Syndicate to be appointed by the Syndicate;

         (iii)   two members of the Academic Council to be appointed by the Academic Council;

         (iv)   the Secretary (Higher Education) or his nominee;

         (v)   the Secretary Finance Department or his nominee;

         (vi)   the Treasurer; and

        (vii)   the Registrar.

(2)  The term of office of the appointed members shall be three years.

(3)  The quorum for a meeting of the Finance and Planning Committee shall be three members.