(1) The functions to be performed work to be done and power to be exercised by the Foundation under this Act shall
be performed and exercised by the council.
(2) Without prejudice to the generality of Sub-section (1), the functions, duties and powers of the council shall be as follows:-
(a) To formulate the policy of various programmes and projects to be operated by the Foundation,
(b) To approve the annual and periodic plan of the Foundation,
(c) To approve annual budget of the Foundation,
(d) To evaluate the programmes and projects operated by the Foundation,
(e) To approve the by-rules to be framed by the Foundation,
(f) To perform other functions as prescribed.