THE TIMES UNIVERSITY, MULTAN ACT 2020 (XXV of 2020) CONTENTS CHAPTER I PRELIMINARY 1. Short title and commencement 2. Definitions CHAPTER II THE INSTITUTE 3. Establishment of the University 4. Functions of the Institute 5. University open to all 6. Jurisdiction CHAPTER III OFFICERS OF THE INSTITUTE 7. Officers of the Institute 8. Chancellor 9. Inspection and inquiry 10. Vice Chancellor 11. Powers of the Vice Chancellor 12. Acting Vice Chancellor 13. Registrar 14. Controller of Examinations 15. Treasurer 16. Appointments CHAPTER IV AUTHORITIES OF THE INSTITUTE 17. Authorities of the University 18. Board of Governors 19. Powers and duties of the Board 20. Business of the Board 21. Delegation of powers 22. Academic Council 23. Powers and duties of Academic Council CHAPTER V FINANCIAL PROVISIONS 24. University Fund 25. Budget, audit and accounts CHAPTER VI MISCELLANEOUS 26. Rules 27. Statutes 28. First statutes 29. Regulations 30. Removal of difficulties 31. Savings 32. Powers of the Chief Executive THE FIRST STATUTES 1. Faculties 2. Board of Faculty 3. Academic department, constituent college and institute 4. Board of Advanced Studies and Research 5. Functions of the Board of Advanced Studies and Research 6. Selection Board 7. Functions of the Selection Board 8. Finance and Planning Committee 9. Functions of the Finance and Planning Committee. TEXT 1 THE 2 [TIMES UNIVERSITY, MULTAN], ACT 2020 (XXV of 2020) [16th September 2020] An Act to provide for the establishment of 3 [Times University, Multan]. It is expedient to p rovide for establishment of the 4 [Times University, Multan] in the private sector and to provide for the ancillary matters. Be it enacted by Provincial Assembly of the Punjab as follows: CHAPTER I PRELIMINARY 1. Short title and commencement .– (1) This Act may be cited as the 5 [Times University, Multan] Act 2020. (2) It shall come into force at once. 2. Definitions.– In this Act: (a) “Academic Council” means the Academic Council of the Institute; (b) “Act” means the Times Institute, Multan Act 2020; (c) “Authority” means an Authority of the Institute specified in section 17; (d) “Board” means Board of Governors of the Institute; 6 [(da) “Chief Executive” mean s Chief Executive of the Company and Chairman of the Board;] (e) “Chairperson” means the head of a department; (f) “Chancellor” means Governor of the Punjab; (g) “Controller of Examinations” means Controller of Examinations of the Institute; (h) “Dean” means head of a faculty of the Institute; 1This Act was passed by the Provincial Assembly of the Punjab on 02 Sept ember 2020; assented to by the Governor of the Punjab on 15 September 2020; and, was published in the Punjab Gazette (Extraordinary), dated: 1 6 September 2020, pp. 1091-1101. 2Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), pu blished in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(i). 3Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(i). 4Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(i). 5Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), publ ished in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(i). 6Added by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.3. (i) “department” means a teaching department maintained and administered by the Institute in the prescribed manner; (j) “Faculty” means an administrative and academic unit of the Institute consisting of one or more departments; (k) “Government” means Government of the Punjab; (l) “Higher Education Commission” means Higher Education Commission established under the Higher Education Commission Ordinance, 2002 (LIII of 2002); (m) “ 7 [University]” means the 8 [Times University, Multan] established under the Act; 9[(n) “prescribed” means prescribed by the statutes or the regulations;] (o) “ 10 [Vice Chancellor]” means 11 [Vice Chancellor] of the Institute; (p) “Registrar” means Registrar of the Institute; (q) “rules”, “regulations” and “statutes” mean respectively the rules, regulations and statutes made under the Act; (r) “Schedule” means Schedule appended to the Act; (s) “Search Committee” means Search Committee constituted by the Board for making recommendations for appointment of the Rector; (t) 12["Company" means the Ali Bin Usman Pvt. Ltd, a Company registered under the Companies Act, 2017 (XIX of 2017);] (u) “teacher” includes a Professor, Associate Professor, Assistant Professor or Lecturer engaged whole time by the Institute and such other person as may be prescribed; and (v) “Treasurer” means the Treasurer of the Institute. CHAPTER II THE INSTITUTE 3. Establishment of the 13 [University].– 14 [(1)The Times University, Multan shall stand established in private sector, with its main campus located at Multan.] 7Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 8Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in t he Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(i). 9Substituted by the Times University, Multan (Amendment) Act 2025 ( XCVI of 2025), published in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3903 s.2. 10Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 11Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), publi shed in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 12Substituted by the Times Institute, Multan (Amendment) Act 2021 ( IV of 2021), published in the Punjab Gazette (Extraordinary), dated: 17th March 2021, pp. 7103-7104 s.2. 13Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). (2) The 15 [University] shall be a body corporate having perpetual succession and a common seal with power to acquire, hold and dispose of property and shall, by the said name, sue and be sued. (3) The 16 [University] shall consist of the following: (a) Chancellor; (b) Chairman and members of the Board; (c) 17 [Vice Chancellor]; (d) Chairpersons and Deans; (e) members of an Authority; (f) teachers and the students of the Institute; and (g) officers and members of the staff of the Institute. 4. Functions of the Institute.– The Institute shall: (a) provide instruction and training in: 18[(i) management sciences, social sciences and arts, science and technology, law, allied health sciences, medicine, 19[nursing,] pharmaceutical sciences, engineering and information technology, provided that in case of medicine and engineeri ng education, approval of the 20[Pakistan Medical and D ental Council] and Pakistan Engineering Council respectively shall be a pre requisite; and 21 [(ii) such other branches of knowledge and faculties as the Board may determine; provided that, where applicab le, subject to the approval of the relevant statutory body of a professional education; the Board shall be competent to approve departments, constituent colleges, or Institutes comprising the faculties of the University on the recommendation of the relevan t statutory body from time to time: Provided that the faculties to be established later on, shall be approved, on the recommendations of Accreditation Committee 14Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), pub lished in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.4. 15Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 16Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 17Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), publis hed in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 18 Substituted by the Times Institute, Multan (Amendment) Act 2021 (IV of 2021), published in the Punjab Gazette (Extraordinary), dated: 17th March 2021, pp. 7103-7104 s.3. 19Inserted by the Times University, Multan (Amendment) Act 2025 ( XCVI of 2025), published in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3903 s.3. 20Substituted by the Times University, Multan (Amendment) Act 2025 ( XCVI of 20 25), published in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3903 s.3. 21Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.5(i). constituted under section 12 of the Punjab Higher Education Commission Act 2014 (I of 2015) and where applicable, subject to the prior approval of relevant statutory body of a professional education;]] (b) 22 [establish, maintain and administer faculties, departments, schools, constituent colleges, distance learning study centers, research centers, and ot her facilities including teaching hospital as the Board may determine from time to time;] (c) establish and support other facilities for education, training and research; (d) prescribe courses of studies; (e) 23 [to decide teaching methods and strategies including virt ual, on - campus, online, distance learning, etc. in such a manner as determined by the Board to ensure the most effective educational and training programmes;] (f) hold examinations in the prescribed manner and, if a person qualifies the examination, award degr ee, diploma, certificate and other academic distinction to the person; (g) prescribe the terms and conditions of employment of the officers, teachers and other employees of the Institute; (h) engage, where necessary, a person on contract of specified duration and to specify the terms of the engagement; (i) institute programmes for the exchange of students and teachers between the Institute and any other Institute, educational institution or research organization; (j) provide career counseling and job search services to th e students and alumni; (k) maintain linkages with alumni; (l) develop and implement fund-raising plans; (m) provide and support the academic development of the faculty of the Institute; (n) confer degree on a person who has successfully conducted research in the prescribed manner; (o) accept an examination and the period of study spent by a student of the Institute at any other Institute or place of learning equivalent to an examination or period of study of the Institute and may withdraw such acceptance; (p) cooperate with a pub lic authority, Institute or private organization in the manner and for such purpose as may be prescribed; 22Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.5(ii). 23Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.5(iii). (q) institute Professorship, Associate Professorship, Assistant Professorship and Lecturership or any other post and may appoint a person on the post; (r) create a post for research, extension, administration or other related purpose and may appoint a person on the post; (s) institute and award financial assistance to students in need, fellowships, scholarships, bursaries, medals and prizes in the prescribed manner; (t) provide for the residence of the students, establish and maintain halls of residence and may approve or licence a hostel, lodging or boarding place; (u) maintain order, discipline and security in a campus of the Institute; (v) promote extra -curricular and recr eational activities of the students and make arrangements for promoting health and general welfare of the students; (w) demand and receive such fees and other charges from the students as it may determine; (x) make provision for research, advisory or consultancy s ervices and enter into arrangements with any other institution, public or private body, commercial or industrial enterprise in the prescribed manner; (y) receive and manage property transferred and grants, contributions made to the Institute and to invest any fund in the manner as it may deem fit; (z) print and publish research or any other work; and (aa) perform any other prescribed or ancillary functions. 5. 24 [University] open to all.– (1) Subject to such reasonable restrictions as may be prescribed, the 25 [University] shall be open to all persons; and, admission to the 26 [University] shall not be denied merely on the basis of gender, religion, race, creed, colour or domicile. (2) The 27 [University] shall not discriminate against any person solely on the basis of gender, religion, race, creed, colour or domicile. 6. Jurisdiction.– (1) The jurisdiction of the 28 [University] shall be restricted to the Province of the Punjab. 29[(2) The University shall not open any sub-campus for a period of five years from the commencement of the Act, after which period, the University may open sub- 24Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 25Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 26Substituted by the Times Institute, Multan (Amendment) Act 2025 (L I of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 27Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 28Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). campuses within or outside Punjab and offshore campuses or branches with the approval of the Board under policy of the Higher Education Commission.] CHAPTER III OFFICERS OF THE INSTITUTE 7. Officers of the Institute.– The following shall be the officers of the University: (a) Chancellor; (b) 30 [Vice Chancellor]; (c) Deans; (d) Chairpersons; (e) Registrar; (f) Treasurer; (g) Controller of Examinations; and (h) such other persons as may be pr escribed by the statutes or regulations to be the officers of the Institute. 8. Chancellor.– (1) The Chancellor or his nominee shall preside at a convocation of the 31 [University]. (2) The 32 [University] may confer honorary degree subject to the prior approval of the Chancellor. (3) The Chancellor may approve the draft statutes submitted by the Board or refer the statutes back to the Board for reconsideration. (4) In the performance of his functions under the Act, the Chancellor shall act and be bound in th e same manner as the Governor of the Province acts and is bound under Article 105 of the Constitution of the Islamic Republic of Pakistan. 9. Inspection and inquiry.– (1) The Chancellor may direct inspection or inquiry into the affairs of the 33 [University]. (2) The Chancellor shall convey his views with regard to the result of the inspection or inquiry to the Board and may, after ascertaining the views of the Board, recommend any remedial action to the Board. (3) The Board shall, within the time specified by the Chancellor, submit report to the Chancellor about the action taken on the recommendation of the Chancellor. 29Substituted by the Times University, Multan (Amendment) Act 2025 (XCVI of 2025), published in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3903 s.4. 30Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 31Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 32Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 33Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). (4) If the Board fails to take action to the satisfaction of the Chancellor within the specified time, the Chancellor may issue such direction as he thinks fit and the Board shall comply with the direction. (5) The Chancellor may, on the recommendation of a committee constituted by him and comprising a nominee of the Board, a Judge of the Lahore High Court to be nominated by the Chief Justice of the High Court and a Professor Emeritus or Rector of any Institute, take action against the Institute by appointing an administrator, who shall exercise the powers of the Board to run the affairs of the Institute till such time as may be specified by the Chancellor. (6) The Chancellor shall not take any action under subsection (5), unless the Chairman of the Board is afforded an opportunity of hearing. (7) The Chancellor may set aside a decision or action of the Board, which, in the opinion of the Chance llor, is against the interest of academic excellence, religious or cultural ideology or national integrity. 34 [10. Vice Chancellor.– 35[(1) The Board, on the recommendations of Search Committee, appoint a person as Vice Chancellor for a term of three years on such terms and conditions as may be determined by it.] (2) The Board shall recommend a person for appointment as Vice Chancellor from amongst the panel of three persons recommended by the Search Committee. 36[(3) The Vice Chancellor sh all be the person who possesses the qualification and experience as determined by the Board.] (4) The Vice Chancellor shall perform functions under the Act or any other function as may be assigned to him by the Board.] 11. Powers of the 37 [Vice Chancellor ].– (1) The 38 [Vice Chancellor] shall be the chief executive officer of the Institute responsible for administrative and academic functions of the Institute and for ensuring that the provisions of the Act, rules, statutes and regulations are observed in all the affairs of the Institute. (2) The 39 [Vice Chancellor] may attend a meeting of any Authority or body of the Institute. (3) Subject to the conditions as may be prescribed by the Board, the 40 [Vice Chancellor] may, in an emergency, take an action which is not otherwise in the 34Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.7. 35Substituted by the Times University, Multan (Amendment) Ac t 2025 ( XCVI of 2025), published in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3903 s.5(i). 36Substituted by the Times University, Multan (Amendment) Act 2025 ( XCVI of 2025), published in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3903 s.5(ii). 37Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 38Substituted by the Times Institu te, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 39Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 40Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). competence of the 41 [Vice Chancellor] and within three days of taking of such action, submit a report of the action taken to the Chairman of the Board. (4) Subject to the general supervision and control of the Board, the [Vice Chancellor] may: (a) direct a teacher, officer or other employee of the Institute to take up such assignment in connection with examination, administration or any other activity in relation to the Institute; (b) sanction by re -appropriation an amount for an unforeseen ite m not provided for in the budget of the Institute; (c) make appointments of such categories of employees of the Institute in such manner as may be prescribed; (d) take disciplinary action against a teacher, officer or any other employee of the Institute in the prescribed manner; (e) delegate, subject to such conditions as may be prescribed, any of his powers to a teacher or officer of the Institute; and (f) exercise such other powers as may be prescribed. (5) The 42 [Vice Chancellor] shall prepare an annual report containing information as regards the preceding academic year including disclosure of all relevant facts pertaining to academics, research, administration and finances of the Institute. (6) The 43 [Vice Chancellor] shall, within three months of the end of an academic year, submit the annual report of the Institute before the Board. 12. Acting 44 [Vice Chancellor ].– Subject to such conditions as may be prescribed, if the office of the 45 [Vice Chancellor] is vacant, or the 46 [Vice Chancellor] is absent or is unable to perfor m the functions of his office due to illness or some other cause, the Board shall make arrangements for the performance of the duties of the 47 [Vice Chancellor] by such other person as it may deem fit. 41Substituted by the Times Ins titute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 42Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 43Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 44Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 45Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazett e (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 46Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 47Substituted by the T imes Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 13. Registrar.– (1) The Board shall, on the recommendat ion of the 48 [Vice Chancellor], appoint Registrar of the Institute on such terms and conditions as may be prescribed. (2) The Board shall not appoint a person as Registrar unless he possesses the prescribed qualifications and experience. (3) The Registrar shall be a full-time officer of the Institute and shall: (a) be the administrative head of the Secretariat of the Institute and be responsible for the provision of secretariat support to the Board and the Rector; (b) be the custodian of the common seal and the aca demic records of the Institute; (c) maintain a register of the students and graduates in the prescribed manner; (d) supervise the process of election, appointment or nomination of a member to an Authority or body of the Institute in the prescribed manner; and (e) perform such other duties as may be prescribed or as may assigned by the Rector or the Board. (4) The Registrar shall hold office for a renewable term of three years. 14. Controller of Examinations.– (1) The Board shall, on the recommendation of the 49 [Vice Chancellor], appoint Controller of Examinations of the Institute on such terms and conditions as may be prescribed. (2) The Board shall not appoint a person as Controller unless he possesses the prescribed qualifications and experience. (3) The Controller s hall be a full -time officer of the Institute and shall be responsible for all matters connected with the conduct of examinations and perform such other duties as may be prescribed or assigned by the 50 [Vice Chancellor] or the Board. (4) The Controller shall hold office for a renewable term of three years. 15. Treasurer.– (1) The Board shall, on the recommendation of the 51 [Vice Chancellor], appoint Treasurer of the Institute on such terms and conditions as may be prescribed. (2) The Board shall not appoint a person as Treasurer unless he possesses the prescribed qualifications and experience. 48Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Ga zette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 49Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 50Substituted by t he Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 51Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punja b Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). (3) The Treasurer shall be the chief financial officer of the Institute and shall: (a) manage the assets, liabilities, receipts, expenditures, funds and investments of the Institute; (b) prepare the annual and revised budget estimates of the Institute and present the estimates to the Board; (c) ensure that the funds of the Institute are spent according to the budget or any other special arrangement; (d) ensure that the accounts of the Institute are audited annually and are available for submission to the Board within six months of the end of a financial year; and (e) perform such other functions as may be prescribed or as my be assigned to him by the Rector or the Board. (4) The Treasurer shall hold office for a renewable term of three years. 16. Appointments.– The 52 [University] may appoint such persons in its services as may be necessary on such terms and conditions as may be determined by the Board. CHAPTER IV AUTHORITIES OF THE UNIVERSITY 17. Authorities of the 53 [University].– The following shall be the Authorities of the 54 [University]: (a) Board of Governors; (b) Academic Council; (c) Boards of Faculties; (d) Board of Advanced Studies and Research; (e) Selection Board; (f) Finance and Planning Committee; and (g) any other prescribed Authority. 55[18. Board of Governors .– (1) The Board of Governors of the 56 [University] shall consist of the following: 57 [(a) Chief Executive of the Company;] 52Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 53Substituted b y the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 54Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Pun jab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 55Substituted by the Times Institute, Multan (Amendment) Act 2021 (IV of 2021), published in the Punjab Gazette (Extraordinary), dated: 17th March 2021, pp. 7103-7104 s.4. 56Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). (b) 58 [Vice Chancellor]; 59[(c) maximum four members to be nominated by the Chief Executive;] 60 [(d) four persons including at least one woman from amongst eminent scholars, business persons or academicians to be nominated by the Chief Executive of the Company; (e) Three members of the Provincial Assemb ly of the Punjab including atleast one female member of the Assembly, to be nominated by the Speaker of the Assembly;] (f) Chairman, Higher Education Commission or his nominee not below the rank of a Director; (g) Vice Chancellor of a public sector Univers ity in the Punjab nominated by the Chancellor; and (h) Secretary to the Government, Higher Education Department or his nominee not below the rank of an Additional Secretary. 61 [(2) The Chief Executive of the Company shall be the Chairman of the Board and the Vice Chancellor shall be the Vice Chairman of the Board.] (3) The members of the Board other than ex -officio members shall hold office for a term of three years and shall be eligible for re -appointment on the expiry of their term of office. 62 [(4) The quorum for a meeting of the Board shall be one half of the total number of members.] (5) The Registrar shall be the Secretary of the Board and the Secretary shall, with the approval of the Chairman of the Board, call the meeting of the Board. (6) The Company may fill a casual vacancy occurring because of death or resignation of a member of the Board nominated by the Company to the extent of the remainder of the term of the former member.] 19. Powers and duties of the Board .– (1) The administration and man agement of the affairs of the 63 [University] shall vest in the Board. (2) Without prejudice to the generality of the aforesaid power, the Board may: 57Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Pu njab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.8(i). 58Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 59Substituted by the Times University, Multan (Amendment) Act 2025 ( XCVI of 2025), published in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3092 s.6. 60Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published i n the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.8(i). 61Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.8(ii). 62Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.8(iii). 63Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). (a) formulate or approve the principles, policies and plans governing the activities and operations of the University so as to facilitate research, teaching and other academic work; (b) recommend the statutes to the Chancellor; (c) make or approve regulations; (d) create a component of the University such as faculty, department, constituent college or University, subject to the provisions of the Act; (e) constitute a committee, council and any other administrative or academic advisory body; (f) create such academic or administrative posts as it may deem necessary and to approve appointments to such posts as it may specify; (g) hold, control and administer the property, funds and resources of the University and raise funds for the purpose of the Institute upon such security as may be required under the regulations; (h) undertake the responsibility for the financ ial viability of the University including responsibility for ensuring effectiveness of its operations, their continuity and preservation of the autonomy of the Institute; (i) consider and pass through a resolution the annual report, plan of work, statement of accounts and the annual budget estimates; (j) call for and consider reports relating to the activities of the University and may direct the Rector to furnish information relating to any matter specified by the Board; and (k) take all such initiatives as it may consider necessary or desirable for efficient and effective management and functioning of the Institute. (3) The Board shall recommend statutes to the Chancellor and the statutes shall come into force when the same are approved by the Chancellor. 20. Business of the Board .– (1) The meetings and business of the Board shall be conducted in such manner and in accordance with such procedure as may be prescribed in the regulations and until so prescribed, as may be determined by the Board. (2) The statute s, regulations or proceedings of the Board shall not be invalid merely by reason of any vacancy or defect in the constitution of the Board. 21. Delegation of powers .– The Board may delegate to any person or a committee any of its powers, duties or functions. 22. Academic Council.– (1) The Academic Council shall consist of: (a) 64 [Vice Chancellor] (Chairman); (b) all the Deans; 64Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). (c) all the Chairpersons; (d) Controller of Examinations; (e) all the Professors of the Institute; (f) nominee of the Secretary to the Government, Education Department not below the rank of a Deputy Secretary; (g) two Associate Professors, two Assistant Professors and two Lecturers to be nominated by the Board; (h) three persons eminent in the field of art or science of whom at least one shall be from each category, to be nominated by the Board; (i) Director Academics of Higher Education Commission; and (j) Registrar (Member/Secretary). (2) A nominated member shall hold office for a renewable term of three years. (3) The quorum for a meeting of the Academic Council shall be on e half of the total number of members of the Academic Council. 23. Powers and duties of Academic Council .– (1) The Academic Council shall be the academic body of the 65 [University] and may, subject to the statutes, lay down proper standards of instruction, research, publication and examination and to regulate and promote the academic life of the Institute. (2) Without prejudice to the generality of the foregoing powers and subject to the provisions of the Act, rules, statutes and regulations, the Academic Co uncil may: (a) advise the Board on academic matters; (b) regulate the conduct of teaching, research and publication; (c) regulate the admission of students to the courses of studies and examinations in the Institute; (d) regulate the conduct and discipline of the students of the Institute; (e) propose to the Board, a scheme for the constitution and organization of faculties, teaching departments, constituent colleges and institutes; (f) consider or formulate proposals for planning and development of teaching and research in the Institute; (g) recommend to the Board regulations prescribing the courses of studies, the syllabi and the outlines of tests for the Institute examinations; (h) regulate the award of studentships, scholarships, exhibitions, medals and prizes; (i) frame Regulations for submission to the Board; (j) appoint or nominate members to various Authorities in accordance with the provisions of the Act; and 65Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). (k) perform such other functions as may be prescribed by the statutes. CHAPTER V FINANCIAL PROVISIONS 66[24. University Fund.  (1) There shall be a fund to be known as the „Times University Endowment Fund‟ which shall vest in the University to provide a sustainable, long-term source of revenue for the University as a non -profit Fund to which shall be credited all sums received by the University as donations in shape of cash, land, vehicles, equipment or any other form. (2) The University may accept donations in the shape of cash, land, vehicle, equipment or any other form that may be utilized for scholarships or charitable activities and all such donations shall be used, maintained and disposed of by the University in the prescribed manner. (3) The University may collaborate with any charitable organization registered under any law to accept donat ions in the shape of cash, land, vehicle, equipment or any other form that may be utilized for scholarships or charitable activities and all such donations shall be used, maintained and disposed of by the University through that charitable organization in the prescribed manner.] 25. Budget, audit and accounts .– (1) The budget of the 67 [University] shall be approved and its accounts shall be maintained and audited in such manner as may be prescribed by the Board. (2) The Board may approve the budget of the 68 [University], appropriations of accounts of the Institute and settle an audit para relating to the audit of the 69 [University]. (3) The Board may delegate the power of appropriation or re -appropriation of funds to any of the officers of the 70 [University]. CHAPTER VI MISCELLANEOUS 26. Rules.– The Government may, by notification, make rules for carrying out the purposes of the Act. 71[27. Statutes. The Chancellor may approve the statutes, on the recommendation of the Board, in order to provide for, and to re gulate any matt er relevant to the University.] 66Substituted by the Times University, Multan (Amendment) Act 2025 ( XCVI of 2025), publi shed in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3903 s.7. 67Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 68Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 69Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 70Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 71Substituted by the Times University, Multan (Amendment) Act 2025 ( XCVI of 2025), published in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3903 s.8. 28. First statutes.– Notwithstanding anything to the contrary contained in the Act, the statutes set out in the Schedule shall be deemed to be the statues made under section 27 and shall continue to remain in force until amended or repealed in accordance with the provisions of the Act. 72[29. Regulations. Subject to the provisions of the Act, the Board may approve the regulations for the proper administration and management of the affairs of the University.] 30. Removal of difficulties .– If any difficulty arises in giving effect to any of the provisions of the Act, the Board may, with the approval of the Government, give such directions, not inconsistent with the Act, as it may consider necessary for the removal of such difficulty. 31. Savings.– Notwithstanding anything contained in the Act, an examination conducted by the proponents of the 73 [University] prior to the coming into force of the Act, shall be deemed to be the examination conducted by the 74 University under the Act and the 75 [University] may award degree, diploma or certificate on the basis of such examination. 76 [32. Powers of the Chief Executive. – (1) The Chief Executive may, in an emergency, take any action at the behest of Authorities of the Universit y specified in Section 17. (2) The Chief Executive, after taking an action under sub -section (1), shall seek approval of the relevant authority in its upcoming meeting or through circulation, as the case may be.] 77[33. Indemnity. No suit or legal proceed ings shall lie against the University or any authority, officer or employee of the University, in respect of anything, which is done in good faith, under the Act.] 72Substituted by the Times University, Multan (Amendment) Act 2025 ( XCVI of 2025), published in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3903 s.9. 73Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 74Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 75Substituted by the Times Institute, Multan (Amendment) Ac t 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 76Added by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.9. 77Added by the Times University, Multan (Amendment) Act 2025 ( XCVI of 2025), published in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3093 s.10. THE FIRST STATUTES 1. Faculties.– (1) There shall be a faculty for a teaching department o r a group of teaching departments. (2) The 78 [University] shall have the following faculties and such other faculties as may be prescribed: (a) Faculty of Social Sciences; (b) Faculty of Management Sciences; (c) Faculty of Science and Technology; and (d) Faculty of Law. 79[(e) Faculty of Medicine and Allied Health Sciences; (f) Faculty of Pharmaceutical Sciences; (g) Faculty of Engineering and Information Technology.] 2. Board of Faculty.– (1) There shall be a Board of Faculty for each faculty which shall consist of: (a) Dean of the faculty; (b) Professors and Chairpersons in the faculty; (c) two teachers to be nominated by the Academic Council owing to their specialized knowledge of the subjects which, though not assigned to the faculty, have in the opinion of the Academic Co uncil, important bearing on the subjects assigned to the faculty; (d) two experts in the field from outside the Institute to be appointed by the Board; and (e) one member to be nominated by the Rector. (2) The members other than ex-officio members of a Board of Faculty shall hold office for a period of three years. (3) The quorum for a meeting of a Board of Faculty shall be one half of the total number of members. (4) A Board of Faculty, subject to the general control of the Academic Council and the Board, may: (a) co-ordinate the teaching and research work in the subjects assigned to the faculty; 80 [(b) scrutinize the recommendations of a Board of Studies, where applicable;] 78Substituted by the Times Institute, Multan (Amendment) Act 20 25 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(ii). 79Substituted by the Times Institute, Multan (Amendment) Act 2021 (IV of 2021), published in the Punjab Gazette (Extraordinary), dated: 17th March 2021, pp. 7103-7104 s.5. 80Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.10 (c) consider any other academic matter relating to the faculty and to submit its report to the Academic Council; (d) prepare a comprehensive annual report regarding the performance of each department, constituent college or institute comprising the faculty for presentation to the Academic Council; and (e) perform such other functions as may be prescribed by statutes. (5) The Dean of the faculty shall be the Chairman and convener of the Board of Faculty. (6) The Dean shall be appointed by the Board on the recommendations of the Rector from amongst three senior most Professors of the faculty; shall hold office for a period of three years; and, shall be eligible for reappointment. (7) The Dean shall present candidates for admission to degree, except honorary degrees, courses falling within the purview of the faculty. (8) The Dean shall have such powe rs and duties as may be prescribed by the Board on the recommendations of the Rector. 3. Academic department, constituent college and institute .– (1) There shall be an academic department, constituent college or an Institute for each subject or a group of subjects, as may be prescribed by the regulations and each academic department, constituent college or institute shall be headed by a head of department, principal of the constituent college and director of the Institute, collectively called Chairpersons. (2) The Board shall, on the recommendations of the 81 [Vice Chancellor], appoint the Chairperson from amongst three senior most Professors other than a Professor already working as Dean for a period of three years and the Chairperson shall be eligible for re-appointment: Provided that where in a department, constituent college or institute there are less than three eligible Professors, the appointment shall be made from amongst the three senior most Professors and Associate Professors of the department, constituent college or institute. (3) The Chairperson shall plan, organize and supervise the work of the department, constituent college or institute and shall be responsible to the Dean for the work of his department, constituent college or institute. (4) The Chairperson shall, under the general supervision of the Rector and the Dean, exercise all the administrative, financial and academic powers and such other duties or powers as may be delegated to him. (5) The Chairperson shall prepare a comprehensive annual report regarding the performance of the department, constituent college or institute at the graduate and postgraduate levels, faculty research and development and submit this report to the Dean for evaluation. 4. Board of Advanced Studies and Research .– (1) The Board of Advanced Studies and Research shall consist of: 81Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). (a) 82 [Vice Chancellor] (Chairman); (b) all the Deans; (c) Controller of Examinations; 83[(d) one faculty member of the University, not below the rank of an Assistant Professor having a good res earch profile, other than Dean to be appointed by the Board;] (e) one member to be nominated by the Rector; (f) three members from the relevant field, research organizations and Government, to be nominated by the Board; and (g) the Registrar (Secretary). (2) The term of office of the members of the Board of Advanced Studies and Research other than ex-officio members shall be three years. (3) The quorum for a meeting of the Board of Advanced Studies and Research shall be one half of the total number of members. 5. Functions of the Board of Advanced Studies and Research .– The Board of Advanced Studies and Research shall: (a) advise an Authority on all matters connected with the promotion of advanced studies and research publication in the Institute; (b) consider and report to an Authority with regard to a research degree of the Institute; (c) propose regulations regarding the award of a research degree; (d) appoint supervisors for a postgraduate research student and to approve title and synopses of a thesis or dissertation; (e) recommend panels of names of examiners for evaluation of a research examination; and (f) perform such other functions as may be prescribed by the statutes. 6. Selection Board.– (1) The Selection Board shall consist of: (a) 84 [Vice Chancellor] (Chairman); (b) the Dean of the faculty concerned; (c) the Chairperson concerned; (d) one member of the Board to be nominated by the Board; 85[(e) one eminent scholar to be nominated by the Company; and] 82Substituted by the Times Institute, Multan (Amendment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 83Substituted by the Times University, Multan (Amendment) Act 2025 ( XCVI of 2025), published in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3093 s.11(i). 84Substituted by the Times Institute, Multan (Ame ndment) Act 2025 (LI of 2025), published in the Punjab Gazette (Extraordinary), dated: 2 June 2025, pp. 4939-4941 s.2(iii). 85Substituted by the Times Institute, Multan (Amendment) Act 2021 (IV of 2021), published in the Punjab Gazette (Extraordinary), dated: 17th March 2021, pp. 7103-7104 s.5. 86[(f) one expert of the subject to be nominated by the Chief Executive;] (2) The Registrar shall be the Secretary of the Selection Board. (3) The members other than ex -officio members shall hold office for a period of three years. (4) Four members of the Selection Board shall constitute the quorum f or a meeting of the Selection Board. (5) No member who is a candidate or whose family member is a candidate, for a post to which appointment is to be made, shall take part in the proceedings of the Selection Board for selection of a candidate on such post. (6) In selection of candidates for the post of Professor or Associate Professor, the Selection Board shall co -opt or consult three experts in the subject concerned and in selecting candidates for any other teaching post, two experts in the subject concerned, to be nominated by the Rector from a standing list of experts for each subject approved by the Board on the recommendation of the Selection Board. (7) The Board may revise the standing list of experts of a subject on the recommendation of the Selection Board. 7. Functions of the Selection Board.– The Selection Board shall: (a) consider the applications and recommend to the Board, the names of suitable candidates for appointment to teaching and other posts and recommend suitable salary for the selected candidate; and (b) consider all cases of promotion or selection of officers of the Institute and recommend the names of suitable candidates for such promotion or selection to the Board. 8. Finance and Planning Committee .– 87[(1) The Finance and Planning Committee shall consist of: (a) Chief Executive (Chairperson); (b) Vice Chancellor; (c) one Dean to be nominated by the Board; (d) one expert in the field of finance or audit to be nominated by the Chief Executive; (e) Registrar; (f) Controller of Examinations; and (g) Treasurer (Member/ Secretary).] (2) The term of office of the nominated members shall be three years. (3) Five members of the Finance and Planning Committee shall constitute the quorum for a meeting of the Finance and Planning Committee. 86Substituted by the Times University, Multan (Amendment) Act 2025 ( XCVI of 2025), published in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3093 s.11(ii). 87Substituted by the Times University, Multan (Amendment) Act 2025 ( XCVI of 2025), published in the Punjab Gazette (Extraordinary), dated: 15th December 2025, pp. 3091-3093 s.11(iii). 9. Functions of the Finance and Planning Committee .– The Finance and Planning Committee shall: (a) prepare the annual statement of accounts and propose annual budget estimates and advise the Board thereon; (b) review periodically the financial position of the Institute; (c) advise the Board on all matters relating to finance, investments and accounts of the Institute; and (d) perform such other functions as may be prescribed by the statutes.