Section 21

The Assam Non-Government Educational Institutions (Regulation and Management) Act, 2006State Act of Assam · Act 4 of 2007

(1) M- ,iey received o. held by or on behalf o f concerned nongovernment educational institution shall be utilized for the purposes for which they are intended and shall be accounted for by the School Authority in such manner as may be prescribed.

(2) The surplus fund of every such institution shall be invested in such manner as may be prescribed and shall be utilized towards educational development only.

Where this provision sits

Act	The Assam Non-Government Educational Institutions (Regulation and Management) Act, 2006
Section	21
Jurisdiction	State of Assam
Status	In force as published by the source

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