section 26
Powers and functions of Finance Committee
The Indian Institute of Teacher Education Gujarat Act, 2010Education201047 sections9 chapters
Chapter IV AUTHORITIES OF UNIVERSITY
Statutory text
- (1) The Finance Committee shall be the principal financial body of the University and shall be responsible for the management of the finances, accounts and investments of the University.
- (2) The Finance Committee shall have the following powers and functions, namely :—
- (a) to examine the annual accounts and the financial estimates of the University and to submit them to the Executive Council for approval;
- (b) to scrutinize the financial proposals of the University;
- (c) to review the financial position of the University from time to time;
- (d) to make recommendations to the Executive Council on all matters relating to the finances of the University;
- (e) to perform such other functions as may be prescribed by the Statutes or Ordinances.
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