(1)The Board shall not delegate any administrative or financial power to any Committee, other than the Executive Committee(2)The Board shall not delegate any of the following powers to the Executive Committee(a)the power to sanction expenditure in excess of Rs.10,000/- in respect of any single item(b)the power to adopt the Budget Estimates of the Board on its behalf(c)the power to sanction expenditure incurred outside India in excess of Rs. 5,000/- in respect of any single item(d)the power to re-appropriate estimated savings in excess of Rs. 2,500/- in the case of any single item(e)the power to write off losses in excess of Rs.500/- in any single case.
