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SECTION 3-4. BUSINESS OFFICER AND TREASURER

The Business Officer and Treasurer shall be appointed by the Board of Trustees, on the recommendation of the President, and shall serve as the staff officer to the President with respect to the business management activities of The University and its components. He shall advise and make recommendations to the President and the Chancellors concerning budgetary and fiscal policy formulation, planning and operations; management of utilities and other auxiliary enterprises; nonacademic personnel administration; purchasing; new construction and major building alterations; and other business matters. He shall assist the President in his relationships with and presentations to the Board of Trustees, the General Assembly, the Advisory Budget Commission, Budget Bureau officials, and the public.

SECTION 3-5. THE CHANCELLORS OF THE COMPONENT INSTITUTIONS OF THE UNIVERSITY OF NORTH CAROLINA

There shall be a Chancellor for each institution of The University of North Carolina who shall be appointed by the Board of Trustees, on the recommendation of the President, and who shall administer the institution for which he is appointed and shall exercise complete executive authority therein, subject to the direction and control of the President.

(a) GENERAL RELATIONSHIPS AND DUTIES OF THE CHANCELLORS

The Chancellor of each of the several institutions shall be responsible to the President for the administration of the several schools, divisions and departments comprising his institution and shall make an annual report (and such other reports as may be called for) on the state of the institution under his control. He shall be the adviser to the President for his institution in matters of interinstitutional administration. He shall present to the President all administrative, fiscal, and other matters of his insitiution to be considered by the Board or its Executive Committee at any of their meetings or by committees of the Board. He shall recommend to the President all appointments for terms of more than one year, promotions within, and removals from the faculty and other positions, administrative or otherwise, in the institutions, and all increments in salaries and leaves of absence for members of the academic, administrative or other staffs. He shall be responsible to the President for enforcing the decisions, actions, policies and regulations of the Board and of the faculties for the operation of his institution. He shall be the official medium of communication between the President and all deans, heads or chairmen of departments, directors, and all other administrative officers, faculty members, students, and employees.

The Chancellor shall be a member of all faculties and other academic bodies of the institution over which he presides and shall have the right to preside over the deliberations of the legislative body of the faculties of his institution. All projects, programs, and institutional reports which form any part of the activity of his institution are subject to his approval. When not otherwise specifically defined by Board action, and subject to review by the President, he shall have the right to define the scope of authority of faculties, councils, committees, and officers of his institution.