Section 16: The powers and functions of the Finance Committee shall be as follows
The International Institute of Information Technology (Iiit) University Act, 2013State Act of Chhattisgarh · Act 15 of 2013
(a) to examine the accounts and scrutinize proposals for expenditure
(b) to examine annual accounts for financial estimates of the Institute and submit the same to the Board together with comments for the approval of the Board;
(c) to sanction expenditure up to the extent provided in the Statues.
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