Section 32(2) in Kerala University of Health Sciences Act, 2010
(2)The Finance Committee shall give advice to the University authorities on any matter relating to the finances of the University. The powers of the Finance Committee shall be as follows:-(i)to prepare the budget estimate of the University and to review the accounts of expenditure and to make recommendations to the Governing Council;(ii)to consider and make recommendations to the Governing Council on the proposals for new expenditure on major works and purchases;(iii)to scrutinise re-appropriation statements and audit notes and make recommendations to the Governing Council;(iv)to review the finance of the University and to suggest concurrent audit conducted wherever necessary;(v)to give advice and make recommendations to the Governing Council on any other financial question affecting the affairs of the University.
