Chapter V Chapter V

Functions and Finance of the Board

Powers of the Board.— The Board shall have the power,—

1. (1) to recognize Indian system of medicines and homoeopathic educational or instructional institutions for purpose of affiliation;
2. (2) to prescribe courses of study and curricula for general instruction or special or refresher courses in institutions affiliated to the Board, in such branches of the medical science of Indian system of medicine and homoeopathy as the Board may think fit;
3. (3) to hold examinations and to grant and confer degrees and diplomas to and on persons who shall have pursued a course of study in the educational institutions affiliated to the Board;
4. (4) to institute exhibitions and award medals and also to grant scholarships to those who obtain high position at the Board’s examinations or are poor and deserving with sanction of the Government; to grant to students scholarships for special study, in research and manufacture of Indian system of medicines and homoeopathic medicine, whether in India or abroad and to endow chairs of Indian system of medicine and homoeopathy in institutions affiliated to Board;
5. (5) to receive from students such fees as may be prescribed for admission to the Board’s examination;
6. (6) to exercise general supervision over the residential and disciplinary arrangements made by the educational institutions affiliated to the Board and to make arrangements for promoting the health, general welfare of their students;
7. (7) to appoint examiners and publish the results of the examinations held by it.
8. (8) to suspend or withdraw the recognition of any institution which is not conducted in accordance with the conditions prescribed by this Act, or rules framed thereunder: Provided that no such action shall be taken without affording the management of such an institution an opportunity of making such representation as it may deem fit.
9. (9) to establish or aid research institutions and to make arrangement for post-graduate study in the Indian system of medicines and homoeopathy and to encourage scientific manufacture of Indian system of medicines and homoeopathy medicines in the State of Goa;
10. (10) to publish Indian system of medicines and homoeopathy journals; and
11. (11) to do such acts, not inconsistent with the provisions of this Act, as may be necessary for the furtherance of the objects of this Act.

Budget.—

1. (1) The Board shall prepare and lay before it at a meeting to be held in every year before such date, as may be fixed by rules in this behalf, a complete account of the actual and abstracted receipts and expenditure for the year ending on the 31st day of March next following such date together with a budget estimates of the income and expenditure of the Board for the year commencing on the first day of April next following.
2. (2) The Board shall at such meeting decide upon the appropriations and the ways and means contained in the budget estimate and submit the budget for approval to the Government or to such authority as the Government may, by order direct.
3. (3) Subject to the like provisions, the Board may suggest variation or alterations in the budget, as circumstances may render desirable.

Revised budget.— As soon as may be after the first day of October, the revised budget for the year shall be framed and such revised budget shall, so far as may be, be subject to all the provisions applicable to a budget made under section 33.

Indian system of medicines and homoeopathy Fund.— There shall be established Indian system of medicines and homoeopathy fund and there shall be placed to the credit thereof,—

1. (a) grants and loans received from the Government;
2. (b) all fees received by the Board;
3. (c) contributions received from any local authority or any Indian system of medicines and homoeopathy medical association; and
4. (d) all sums received by or on behalf of the Board from sources other than those mentioned in the foregoing clauses.

Custody and investment of Indian system of medicines and homoeopathy fund.— The Indian system of medicines and homoeopathy fund shall be kept in the State Bank of India or with the previous sanction of the Government, in any other bank.