18. Finance Committee
The Finance Committee of each Institute shall consist of the following persons, namely:—
the Chairperson, Board of Governors, ex officio, who shall be the Chairperson of the Committee;
one representative of the Government of India, Ministry of Human Resource Development, Department of Higher Education handling the matters relating to Indian Institute of Information Technology, ex officio;
one representative of the Government of India, Ministry of Human Resource Development, Department of Higher Education handling the matters relating to finance, ex officio; (d) two persons nominated by the Board;
the Director, ex officio;
the Officer incharge of Finance and Accounts of the Institute, ex officio Secretary.
The members of the Finance Committee other than ex officio members shall hold office for a term of three years.