Section 15 in International Institute of Information Technology (IIIT) University Act, 2013
15. Finance Committee.
(1)There shall be a Finance Committee with the following members, namely :-(a)Director, who shall be the Chairman;(b)nominees of the State Government representing :(i)the department dealing with Technical Education;(ii)the department dealing with Finance respectively;(c)a member of the Board to be nominated by it;(d)one person of eminence with background in finance or accounts, to be nominated by the Board, not being the employee of the Institute;(e)The Chief Finance and Accounts officer of the Institute, who shall be the Secretary;(f)The Registrar;(g)A person to represent the Sponsor.(2)The members of the Finance Committee, other than the Chief Finance and Accounts officer and the ex-officio members; shall hold office for a term of three years from the date of their nomination.
