(1) A school, other than a school specified in sub-clause (iv) of clause (n) of section 2, shall constitute a School Management Committee consisting of the elected representatives of the local authority, parents or guardians of children admitted in such school and teachers:
PROVIDED that at least three-fourth of members of such Committee shall be parents or guardians:
PROVIDED FURTHER that proportionate representation shall be given to the parents or guardians of children belonging to disadvantaged group and weaker section:
PROVIDED ALSO that fifty per cent of members of such Committee shall be women.
(2) The School Management Committee shall perform the following functions, namely:
(a) monitor the working of the school;
(b) prepare and recommend school development plan;
(c) monitor the utilisation of the grants received from the appropriate Government or local authority or any other source; and
(d) perform other such functions as may be prescribed:
PROVIDED that the School Management Committee constituted under sub-section (1) in respect of:
(a) a school established and administered by minority whether based on religion or language; and
(b) all other aided schools as defined in sub-section (ii) of clause (n) of section 2,
shall perform advisory function only.