Canon 263

1. The eparchial bishop is to establish a finance council which

consists of a president, who is the eparchial bishop himself, and

of other suitable persons expert even if possible, in civil law,

appointed by the eparchial bishop after consulting the college of

eparchial consultors unless some other equivalent process is already provided by the particular law of his Church sui iuris, always without prejudice to the needs for those who have been elected or appointed by others to have the confirmation of the eparchial bishop. 2. The eparchial finance officer is, by the law

itself, a member of the finance council. 3. Those who are related to the eparchial bishop up to the fourth degree inclusive

of consanguinity or affinity are excluded from membership on the

finance council. 4. In actions of greater importance regarding

economic matters the eparchial bishop is not to omit hearing the

finance council; the members of the council have only a consultative vote, unless expressly required by common law in special

cases or if the document creating the council requires their

consent. 5. Besides the functions given to it in common law,

the finance council is to prepare an annual budget of the revenues and expenditures foreseen in the coming year in the governance of the whole eparchy as well as examine the account of

revenues and expenses at the end of the year.