LawgistThe National Institutes of Design Act
24Setting up of Endowment Fund
Notwithstanding anything contained in section 23, the Central Government may direct 1[any Institute] to--
(a) set up an Endowment Fund and any other Fund for specified purpose; and
(b) transfer money from its Fund to Endowment Fund or any other Fund.
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1. Subs. by s. 20, ibid., for "the Institute" (w.e.f. 13-1-2020).
THE INSTITUTE
- 4 Incorporation of Institute
- 5 Effect of incorporation of the Institute
- 6 Powers of Institute
- 7 Institute be open to all races, creeds and classes
- 8 Teaching at Institute
- 9 Visitor
- 10 Authorities of Institute
- 11 Governing Council
- 12 Term of office of, vacancies among, and allowances payable to Chairperson and other members of Governing Council
- 13 Meeting of Governing Council
- 14 Powers and functions of Governing Council
- 15 Senate
- 16 Functions of Senate
- 17 Functions, powers and duties of Chairperson
- 18 Director
- 19 Dean
- 20 Registrar
- 21 Powers and duties of other authorities and officers
- 22 Grants by Central Government
- 23 Fund of Institute
- 24 Setting up of Endowment Fund
- 25 Accounts and audit
- 26 Pension and provident fund
- 27 Appointment of staff
- 28 Statutes
- 29 Statutes how to be made
- 30 Ordinances
- 31 Ordinances how to be made
- 32 Arbitral Tribunal
