Eighth Article: The Budget of Research Chairs Program

There are financial and administrative independence for research chairs program and financial disclosure in accordance with the regulations. Also, the research chair program has a yearly budget includes sources, expenses in accordance with the restrictions. A bank account will be created for the chairs program in one of the primary banks. In this account, all the funds of the chairs will be deposited and the university Rector has the disbursement powers. He also has the right to delegate the chairman of scientific research chairs committee to disburse some money for the research chairs. The university fiscal year is the fiscal year for the program of scientific research chairs.