9.
| (1) The first Bursar of the University shall be appointed by the Minister. Every subsequent Bursar shall be appointed by the Council. He shall be a lay Buddhist and a full-time * officer of the University and shall exercise, perform and discharge such powers, duties and functions as may be conferred or imposed on or assigned to him by this Act. |
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| (2) The Bursar shall, subject to the direction and control of the Mahopadyaya be responsible for the administration of the finances of the University and maintenance of its accounts in such form and manner as may be prescribed by law and shall have the custody of the funds of the University. |
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Sri Lanka Consolidated Acts