Lawgist17Fund of Institute
(1) The Institute shall maintain a Fund to which shall be credited--
(a) all moneys provided by the Central Government and the State Government of Karnataka;
(b) all fees and other charges received by the Institute;
(c) all moneys received by the Institute by way of grants, gifts, donations, benefactions, bequests or transfers; and
(d) all moneys received by the Institute in any other manner or from any other source.
(2) All moneys credited to the Fund shall be deposited in such banks or invested in such manner as the Institute may, with the approval of the Central Government, decide.
(3) The Fund shall be applied towards meeting the expenses of the Institute including expenses incurred in the exercise of its powers and discharge of its functions under section 14.
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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
