Composition of Finance Committee:

(a) The Principal (Chairman).

(b) One person to be nominated by the Governing Body of the Autonomous College for a period of two years.

(c) One senior-most faculty member of the Autonomous College to be nominated in rotation by the Principal for two years.

(d) Finance Officer/Officer in-charge of Finance and Accounts of the Autonomous College (Member Secretary)

Term: The term of the Finance Committee shall be three years.

Meetings: Meetings of the Finance Committee shall be held at least once every six months.

Functions of the Finance Committee: The Finance Committee shall act as an advisory body to the Governing Body to consider:

(a) Budget estimates relating to the grant received/receivable from funding agencies, income from fees, etc. and

(b) Audited accounts for the above

Composition of Finance Committee: