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[Cites 0, Cited by 0] [Section 16] [Entire Act]

State of Tamilnadu - Subsection

Section 16(3) in Tamil Nadu Infrastructure Development Rules, 2012

(3)The power to sanction expenditure from the Project Preparation Fund shall be delegated as follows:
(a)Upto Rs. 5 lakhs - CEO;
(b)From Rs. 5 lakhs upto Rs. 50 lakhs - A Sub committee of the Executive Committee comprising Principal Secretary to Government (Finance Department), the CEO and one other member to be nominated by the Executive Committee;
(c)From Rs. 50 lakhs upto Rs. 5 Crores - The Executive Committee;
(d)Above Rs. 5 Crores - The Board:
Provided that the expenditure sanctioned by authorities other than the Board shall be reported to the Board at its next meeting;