Lawgist15Vesting of property
(1) The properties of the National Institute of Mental Health and NeuroSciences, Bangalore, registered under the Karnataka Societies Registration Act, 1960 (Katnataka Act XVII of 1960) shall, on the date of commencement of this Act, vest in the Institute.
(2) All income and property of the Institute shall be applied towards the promotion of the objects thereof as set forth in this Act.
(3) No portion of the income and property of the Institute shall be paid or transferred, directly or indirectly, by way of profit to the persons, who at any time, or have been members of the Institute:
Provided that nothing herein contained shall prevent the payment of remuneration and other allowances to any member thereof or other persons for the services rendered to the Institute.
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- 1 Short title and commencement
- 2 Declaration of National Institute of Mental Health and Neuro-Sciences, Bangalore, as an institution of national importance
- 3 Definitions
- 4 Incorporation of Institute
- 5 Composition of Institute
- 6 Term of office of and vacancies among members
- 7 Powers and functions of President
- 8 Vice-President of Institute
- 9 Allowances of President, Vice-President and other members
- 10 Meetings of Institute
- 11 Governing Body and other committees of Institute
- 12 Staff of Institute
- 13 Objects of Institute
- 14 Functions of Institute
- 15 Vesting of property
- 16 Payment to Institute
- 17 Fund of Institute
- 18 Budget of Institute
- 19 Accounts and audit
- 20 Annual report
- 21 Pension and provident funds
- 22 Authentication of orders and instruments of Institute
- 23 Acts and proceedings not to be invalidated by vacancies, etc
- 24 Grant of medical degrees, diplomas, etc., by Institute
- 25 Recognition of medical qualifications granted by Institute
- 26 Control by Central Government
- 27 Resolution of differences
- 28 Returns and information
- 29 Transfer of service of existing employees
- 30 Power to make rules
- 31 Power to make regulations
- 32 Laying of rules and regulations before Parliament
- 33 Power to remove difficulties
