Ali administrative expenditure, payments and investment shall be approved by the Trustee Committee. An expenditure or payment of a contingent nature may be sanctioned by the Chairperson upto Rupees Twenty thousand and by the Secretary upto Rupees Ten thousand. which shall be placed before the Trustee Committee for ratification at next meeting.
8. Annual report- , , The Trustee Committee shall prepare an annual report for financial year before the end of 30‘h June of the following year in the Form as laid down by the Trustee Committee. in consultation with the Chartered Accountant appointed tinder sub-section (2) of section 13 of the Act. An authenticated copy of the annual report shatl be submitted to the Government within next 15 days. ' ‘