Section 19
Functions of Finance Committee.
The Rajiv Gandhi National Institute of Youth Development Act, 2012
About this Act
An Act to declare the institution known as the Rajiv Gandhi National Institute of Youth Development, to be an institution of national importance and to provide for its incorporation and for matters connected therewith or incidental thereto.
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.
(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.