Finance Committee

Health202540 sections

Statutory text

(1) The Finance Committee shall consist of:-
- (a) the Director, who shall also be the Chairman of the Committee;
- (b) the Secretary In-charge to the Government in the Department of Medical Education or his nominee not below the rank of Joint Secretary;
- (c) the Secretary In-charge to the Government in the Department of Finance, or his nominee not below the rank of Joint Secretary;
- (d) two persons to be nominated by the Governing Body from its members as referred to in subsection (6) to (12) of section 16;
- (e) the Finance Officer of the Institute, who shall also be the Secretary of the Committee.
(2) The Finance Committee shall advise the Governing Body on matters relating to the administration of property and funds of the Institute, including limits for and principles to be observed with regard to the recurring and non-recurring expenditure for the ensuing financial year, having regard to the income and resources of the Institute.
(3) The Finance Committee shall have such other powers and duties as may be prescribed.

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