(1)The financial management of the Commission shall be done in accordance with the rules or procedure laid down by the State Government from time to time:

Provided that,the Commission may, with the prior approval of the State Government frame special Rules or procedure in respect of matters as it considers necessary.

(2)The Commission shall maintain a Personal Deposit (PD) Account in the Government Treasury to hold grants from State Government. Further, there shall be a Bank Account of the Commission in any Scheduled Commercial Bank permitted by the State Government to hold fund in which all its income from fees, fines and income from any other sources that the State Government may approve from time to time shall be credited.

(3)The expenditure of the Commission shall be incurred from the PD Account and the Bank Account maintained by it, in, accordance to the rules or procedure mentioned in sub-section

(1)and orders of the State Government, if any.

(4)The Commission may carry out any expenditure from the funds placed in its Bank Account for fulfilling its mandated activities and designated responsibilities.

(5)Any Officer or employee of the Commission who incurs an expenditure in violation of the rules or procedure prescribed by sub-section (1) or orders of the State Government, if any, shall be personally liable for such violation.

(6)The budget of the Commission showing the income and expenditure of the Commission on various heads of account for a financial year shall be prepared by the Finance Officer under the supervision and direction of the Secretary and submitted to the State Government for approval at least two months before from the beginning of every financial year in such form as may be prescribed.

(7)The State Government shall, within fifteen days of commencement of every financial year, communicate the approval or otherwise of the budget to the Commission.

(8)The Chairperson shall be the Controlling Officer with regards to himself, Member

(Administration), the Members, Secretary, Deputy Secretary, Controller of Examinations and Finance Officer, including all other such employees of the Commission and shall exercise all such financial powers as are ordinarily vested in the Head of the Department, in addition to all other financial powers delegated to the Chairperson of the Commission.

(9)The Secretary shall be the drawing and disbursing officer, but may, if he or she considers it necessary, by an order in writing, delegate all or any such powers to any officer of the Commission.

(10)The Secretary shall exercise all such powers as may be vested in the Head of an Office, in addition to any power delegated by the Commission, as it feels necessary.