LawgistThe Rajiv Gandhi National Institute of Youth Development Act
19Functions of Finance Committee
The Finance Committee shall perform the following functions, namely:--
(a) to scrutinise the accounts and budget estimates of the Institute and to make recommendations to the Executive Council;
(b) to scrutinise the proposals for new expenditure on account of major works on purchases;
(c) to scrutinise re-appropriation statements and audit notes and make recommendations thereon to the Executive Council;
(d) to review the finances of the Institute from time to time and have concurrent audit conducted whenever necessary; and
(e) to give advice and make recommendations to the Executive Council on any financial questions affecting the affairs of the Institute.
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All sections
- 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
