Section 19A: Standing Finance Committees.

The Khadi and Village Industries Commission Act, 1956Central Act · Act 61 of 1956

[19A. Standing Finance Committees.--(1) There shall be constituted from among the members of the Commission in the prescribed manner, a Standing Finance Committee in respect of each of the [three funds] referred to in section 18.

[Provided that the Chief Executive Officer and Financial Adviser shall be ex officio members of the Standing Finance Committee in respect of each of the three separate funds referred to in sub-section (1) of section 18,].

(2) The Standing Finance Committee shall exercise such of the powers of the Commission under section 19 as are delegated to it by the Commission.]

Where this provision sits

Act	The Khadi and Village Industries Commission Act, 1956
Section	19A
Marginal note	Standing Finance Committees.
Jurisdiction	Central
Status	In force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

inserted, Act 32 of 1961. . Ins. by Act 32 of 1961, s. 11 (w.e.f. 28-8-1961).
substituted, Act 12 of 1987. . Subs. by Act 12 of 1987, s. 12, for "two funds" (w.e.f. 1-4-1988).
inserted, Act 10 of 2006. . The proviso ins. by Act 10 of 2006, s. 11 (w.e.f. 15-5-2006).

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