Section 7(1)(f) in The Investor Education and Protection Fund (awareness and protection of investors) Rules, 2001
(f)(i)The Committee may appoint one or more sub-committees whenever it considers necessary to facilitate efficient and speedy discharge of its functions.(ii)Sub-committee shall be constituted from amongst the members.(iii)The Chairperson of the Committee may nominate anyone of the members of the sub-committee as its convenor and where no such nomination has been made, the members of the sub-committee elect a convenor amongst themselves.(iv)The Committee may have Sub-Committee to examine the end use of grants and assistance and recommend release of funds.