The Indian Student Association now is under tight regulations by the Student Association.

The regulations were handed down Wednesday night by the SA Finance Committee because the ISA charged an admission price to get into its New Year’s celebration Nov. 17, which is against student organization policies.

Finance committee members met to determine more details pertaining to the event. ISA executive staff, accompanied by Sonal Adithkari, former ISA deputy treasurer, sat in at Wednesday night’s meeting and presented the appropriate documentation of the event and the deposit slips from TCF Bank.

On Nov. 15, ISA treasurer Parthiv Patel, SA adviser Rick Clark, SA accountant Shyree Sanan and SA treasurer Karega Harris all met to discuss the event and decide whether charging admission was legal.

Because there was no definitive answer on the question, Patel said he assumed that charging was allowed, despite organizational policies.

This was considered a misunderstanding between the people involved in the meeting, and no ill intent was found. The finance committee decided to heed a memo presented by Genevieve Dame, SA director of organizational development. This memo laid out regulations for the ISA, which will be lifted when Harris and Clark feel it is necessary, speaker Kevin Miller said during the meeting.

Because the ISA’s budget remains currently frozen, the memo requested it be unfrozen in order to pay back any debts that the ISA. For instance, during the event, a deejay was hired on the spot and had to be paid that night out of the pocket of the ISA adviser, Promod Vohra.

The ISA also will have no cash advances from the SA and all money requests will have to be approved by Harris. In addition, the ISA’s budget will not increase for next year.

The ISA also has been placed on the special allocations list in the SA as of Wednesday night. This means SA executives will look more closely at what the ISA spends and receives.

While this is considered to be a harsh punishment by the ISA executive board members, they will gladly comply and are happy to see the situation resolved.

“I am glad this is over,” ISA Secretary Adam Ghazi said. “The ISA still has recognition from the SA and we also have current funding for next year. We hope to steer clear of such misunderstandings in the future.”

The finance committee also heard pleas for money from the Latino Cultural Awareness Committee.

But, like the ISA, there were questions surrounding the LCAC’s request.

Last year, the LCAC sponsored the Banda Bonfire, a celebration open to all people with live music, at the Alpha Psi Lambda house. Originally, the event was supposed to be held at Central Park, in between Douglas Hall and Grant and Stevenson Towers. The last-minute move violated SA policy.

In addition, the LCAC also returned $1,065 to the SA last year.

Because of the return, the finance committee recommended $3,908 from the requested $6,863, and the senate will vote whether to approve the amount during its next meeting.