Lawgist36Fund of University
(1) There shall be a University Fund which shall include--
(a) any contribution or grant made by the State Government;
(b) any contribution or grant made by the University Grants Commission or the Central Government;
(c) any contribution made by Government, semi-Government or autonomous bodies;
(d) any bequests, donations, endowments or other grants made by any private individual or institution;
(e) income received by the University from fees and charges; and
(f) amounts received from any other source.
(2) The amount of the said Fund shall be kept in a Scheduled Bank as defined in the Reserve Bank of India Act, 1934 (2 of 1934) or in a corresponding new bank constituted under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970) and the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980 (40 of 1980) or may be invested in such securities authorised by the Indian Trusts Act, 1882 (2 of 1882) as may be decided by the Executive Council.
(3) The said Fund may be utilised for such purposes of the University and in such manner as may be prescribed.
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- 1 Short title and commencement
- 2 Definitions
- 3 Establishment of University
- 4 Objects of University
- 5 Powers of University
- 6 Jurisdiction
- 7 University open to all classes, castes and creed
- 8 Residence of students
- 9 Power to establish and maintain schools
- 10 The Visitor
- 11 Officers of University
- 12 The Chancellor
- 13 The Vice-Chancellor
- 14 The Pro-Vice-Chancellor
- 15 The Deans of Faculties
- 16 The Directors of Regional Centres
- 17 The Registrar
- 18 The Finance Officer
- 19 The Controller of Examinations
- 20 The Librarian
- 21 Other officers
- 22 Authorities of University
- 23 The Court
- 24 The Executive Council
- 25 The Academic Council
- 26 The College Development Council
- 27 The Boards of Studies, Academic Boards and Management Boards
- 28 The Finance Committee
- 29 Other authorities of University
- 30 Power to make Statutes
- 31 Statutes, how to be made
- 32 Power to make Ordinances
- 33 Regulations
- 34 Annual report
- 35 Annual accounts
- 36 Fund of University
- 37 Returns and information
- 38 Conditions of service of employees
- 39 Procedure of appeal and arbitration in disciplinary cases against students
- 40 Right to appeal
- 41 Provident and pension funds
- 42 Disputes as to constitution of authorities and bodies
- 43 Constitution of Committees
- 44 Filling of casual vacancies
- 45 Proceedings of authorities or bodies not invalidated by vacancies
- 46 Protection of action taken in good faith
- 47 Mode of proof of University record
- 48 Power to remove difficulties
- 49 Statutes, Ordinances and Regulations to be published in the Official Gazette and to be laid before Parliament
- 50 Transitional provisions
