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In addition to the powers and
duties conferred and imposed on it by this Act, the
Executive Committee shall exercise such powers and
discharge such duties as may be prescribed by
regulations.
The Executive Committee shall be
the executive authority of the Council and shall be
responsible for giving effect to the resolution and
decision of the Council.
The Executive Committee shall have powers, such
as -
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to manage the funds of the Council;
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to invest the funds of the Council in the manner
directed by the Council from time to time;
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to appoint and supervise the work of the members of the
staff and prescribe their conditions of service;
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to consider
the annual audit report and place it before the Council
with its comments for its consideration;
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to prepare and place before the Council the annual
administration report and the statement of accounts;
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to authorise the Registrar to incur expenditure
within the prescribed limits provided for in the
approved budget;
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to fix travelling and other allowances to the members of
the Council and its Committees and to the members of the
staff;
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to delegate to the Chairman and the Vice-Chairman any of
its aforementioned powers; and
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to do all other functions necessary for discharging the
aforesaid functions.
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