The Council for Monasteries is composed of seven persons elected by the Political Assembly by plurality of votes.
Its functions and duties are to superintend the execution of the rules of each monastery, to ascertain the revenues and the expenditure, and to arrange and regulate it all.
This Council elects from the brotherhood of each monastery the managers of the affairs of the monastery. These should perform their duties under the presidency of the Abbot and in accordance with the rules of the monastery, and at stated times should give an account of their doings to the Council for Monasteries.
5. The Committee on Finance
Article 49.—The Committee on finance consists of seven persons versed in financial affairs, who are elected by the Political Assembly by plurality of votes. Its function is the administration of the National Central Treasury.
The revenues of this Treasury are the general national taxes, the incomes of the Bureau of the Patriarchate of Constantinople, and the donations or wills to the nation without the specification of a place. Its expenditure consists of the usual expenses of the Patriarchate and its Bureau, the pecuniary aids granted to the national institutions under the immediate care of the Central Administration, and to needy quarters, and other casual expenses. The Committee collects the revenues and dispenses the expenditure with the knowledge of the Council for the general administration of finance and with the consent of the Political Assembly.
It is its duty to keep the accounts of the Treasury according to the strictest rules of book-keeping, and periodically to present the budget to the Council of the general administration of finance, which Council, after the necessary examination of it, communicates such budget to the Political Assembly.
6. The Committee on Wills
Article 50.—The Committee on wills consists of seven persons—three ecclesiastics and four laymen—elected by the Mixed Assembly by plurality of votes.
Its function is the management of wills in favour of the nation. Its duties are to superintend the execution of the wills in strict accordance with the object and intention of the makers of the wills.
Special rules for the guidance of this Cominittee should be prepared by the Mixed Assembly with the aid of this same Committee and the General Committee for finance, and they are to be confirmed by the General Assembly.
This Committee on wills should periodically present its accounts to the General Council of Finance, which Council, after the necessary examination, should communicate its report to the Political Assembly.
