Section 18: Powers and functions of Finance Committee.

The Kalakshetra Foundation Act, 1993Central Act · Act 6 of 1994

The Finance Committee shall--

(i) scrutinise the annual statement of accounts and budget estimates of the Foundation prepared by the Director and make recommendations to the Governing Board;

(ii) prescribe the limits of the recurring and non-recurring expenditure of the Foundation for each financial year;

(iii) review the financial position of the Foundation from time to time and have an internal audit conducted; and

(iv) perform such other functions as may be prescribed.

Where this provision sits

Act	The Kalakshetra Foundation Act, 1993
Section	18
Marginal note	Powers and functions of Finance Committee.
Jurisdiction	Central
Status	In force as published by the source

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