Funtions and finances of board

Powers of the Board - The Board shall have the power:-

(1) To recognize homeopathic educational or instructional institutions for purposes of affiliation;

(2) To prescribe courses of study and curricula for general instruction or special or refresher courses in institutions affiliated to the Board in such branches of the Medical Science of homoeopathy as the Board may think fit;

(3) To hold examinations and to grant and confer degrees and diplomas to and on persons who shall have pursued a course of study in the educational institutions affiliated to the Board;

(4) To institute exhibitions and award medals there, at and also to grant scholarships and medals to those who obtain high position at the Board's examinations or are poor and deserving, and with the sanction of the State Government, to grant to students scholarships for special study in research and manufacture of homoeopathic medicine in any medical institution or a reputed firm that the Board may think fit, whether in India or abroad and to endow Chairs of Homoeopathy in institutions affiliated to the Board;

(5) To demand and receive from students such fees as may be prescribed for admission to the Board's examinations;

(6) To exercise general supervision over the residential and disciplinary arrangements made by the educational institutions affiliated to the Board and to make arrangements for promoting the health and general welfare of their students;

(7) To appoint examiners and publish the results of the examinations held by it.

(8) To suspend or withdraw the recognition of any institution which is not conducted in accordance with the conditions prescribed by this Act, or rules framed thereunder:

Provided that no such action shall be taken without affording the Committee of Management of such an educational institution an opportunity of making such reprsentation as it may deem fit:

(9) To establish or aid research institutions and to arrange for post-graduate study in the science of homoeopathy and to encourage scientific manufacture of homoeopathic medicine in the State;

(10) To publish homoeopathic journals, and

(11) To do such acts, not inconsistent with the provisions of this Act, as may be necessary for the furtherance of the objects of the Act.
Budget -
(1) The Board shall have prepared and laid before it at a meeting to be held in every year before such date, as may be fixed by rules in this behalf, a complete account of the actual and abstracted receipts and expenditure for the year ending on the 31st day of march next following such date together with a budget estimate of the income and expenditure of the Board for the year commencing on the first day of April next following.

(2) The Board shall at such meeting decide upon the appropriations and the ways and means contained in the budget estimate and submit the budget for approval to the State Government or to such authority as the State Government may, by order direct.

(3) Subject to the like provisions, the Board may suggest variation or alterations in the budget, as circumstances may render desirable.
Revised budget - As soon as may be after the first day of October, the revised budget for the year shall be framed and such revised budget shall, so far as may be, be subject to all the provisions applicable to a budget made under section 33.
Homoeopathic Fund - There shall be established Homoeopathic Fund and there shall be placed to the credit thereof -

(a) Grants and loans received from the State Government,

(b) All fees received by the Board,

(c)Contributions received from any local authority or any Homoeopathic medical association, and

(d) All sums received by or on behalf of the Board from sources other than those mentioned in the foregoing clauses.
Custody and investment of Homoeopathic Fund – The Homoeopathic Fund shall be kept in the State Bank of India or with the previous sanction of the State Government, in any other bank.