Section 7(3) in The National Institute of Mental Health and Neuro-Sciences, Bangalore Rules, 2013
(3)The following matters shall be referred to the Standing Finance Committee, which shall consider them and make its recommendations thereon, namely:-(a)annual accounts showing the receipts and expenditure of the Institute together with the audit report thereon;(b)budget estimates showing the estimated receipts and expenditure of the Institute;(c)all proposals for the creation of new post(s);(d)all financial matters pertaining to the Institute other than acceptance of tenders; and(e)all matters relating to the invitation and acceptance of tenders above rupees five crore.
