State Act
Section 19-D. Powers and Duties of the Finance Committee
THE ROORKEE UNIVERSITY ACT 1947
This Act was repealed on 21 September 2001 by the Institutes of Technology (Amendment) Act, 2002 (Central Act 16 of 2002), s.7(1); it may still apply to matters that began before then.
19-D (1) The Finance Committee shall, subject to the provisions of this Act, rules and the regulations exercise the following powers and perform the following duties:- (a) framing of annual budget of the University and allocation of funds therefor; (b) generating sources of additional income other than the grant-in-aid; (c) to advise the University on the investment of University Funds; (d) such other matters as may be referred to it by the Syndicate. (2) The Finance Committee shall have such other powers and duties as are assigned to it under the rules.]2