Section 43(2) in THE THUNCHATH EZHUTHACHAN MALAYALAM UNIVERSITY ACT, 2013
(2)The Finance Committee shall have the following powers, namely:-(a)to examine the annual accounts of the University and to advise the ExecutiveCommittee thereon;(b)to examine the annual budget estimates of the University and to advise theExecutive Committee thereon;(c)to review the financial position of the University from time to time,(d)to make recommendations to the Executive Committee on all matters relatingto the finance of the University.(e)to make recommendations to the executive Committee on all proposal involvingexpenditure for which no provision has been made in the budget or which involve expenditurein excess of the amount provided in the budget.
