18Finance Committee
(1) There shall be a Finance Committee of the Institute which shall be the principal financial body of the Institute.
(2) The Finance Committee shall consist of the following, namely:--
(a) Director-Presiding Officer of the Finance Committee;
(b) Joint Secretary and Financial Adviser in the Union Ministry of Youth Affairs and Sports;
(c) Registrar of the Institute;
(d) one Professor of the Institute on rotation basis, as may be nominated by the Chairperson;
(e) one Member from the Executive Council to be nominated by the Chairperson;
(f) Joint Secretary in the Ministry of Youth Affairs and Sports dealing with the affairs of the Institute;
(g) the Finance Officer of the Institute--Member-Secretary.
(3) The term of office of members of the Finance Committee and its powers shall be such as may be provided by the Statutes.
(4) While nominating the members of the Academic Council due representation shall be given to women, different regions of the country, weaker sections of the community and differently abled persons.
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- 1 Short title and commencement
- 2 Declaration of Rajiv Gandhi National Institute of Youth Development as an institution of national importance
- 3 Definitions
- 4 Incorporation of Institute
- 5 Effect of establishment of Institute
- 6 Objects of Institute
- 7 Functions of Institute
- 8 Institute to be open to all races, creeds, gender and classes
- 9 Teaching at Institute
- 10 Visitor
- 11 Authorities of Institute
- 12 Establishment of Executive Council
- 13 Terms of office of, vacancies among, and allowances payable to members of Executive Council
- 14 Meetings of Executive Council
- 15 Powers and functions of Executive Council
- 16 Academic Council
- 17 Functions of Academic Council
- 18 Finance Committee
- 19 Functions of Finance Committee
- 20 Other authorities
- 21 Officers of Institute
- 22 Director
- 23 Registrar
- 24 Other officers
- 25 Grants by Central Government
- 26 Fund of Institute
- 27 Endowment to other funds
- 28 Accounts and audit
- 29 Pension and provident fund
- 30 Appointment of staff of Institute
- 31 Power to make Statutes
- 32 Statutes how to be made
- 33 Power to make Ordinances
- 34 Ordinances how to be made
- 35 Conduct of business by authorities of Institute
- 36 Tribunal of Arbitration
- 37 Acts and proceedings not to be invalidated by vacancies
- 38 Grant of degrees, etc., by Institute
- 39 Sponsored schemes
- 40 Meetings of Academic Council and Finance Committee
- 41 Power of Central Government to give directions to Institute
- 42 Protection action taken in good faith
- 43 Power to make rules
- 44 Statutes, Ordinances notifications to be published in Official Gazette and to be laid before Parliament
- 45 Power to remove difficulties
- 46 Transitional provisions