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Section 16: Funds of the Council

The Goa State Higher Education Council Act, 2018.State Act of Goa · Act 14 of 2018

(1) The funds of the Council shall include all sums which may, from -7- time to time, be paid to it by the Government and all other receipts including any sum from the Central Government, or any other authority, institutions or persons.

(2) The Government may pay to the Council for every financial year such sums as may be considered necessary for the functioning of the Council and for the discharge of its responsibilities and duties under this Act.

(3) All expenditure incurred by the Council under or for the purposes of this Act shall be defrayed from out of the fund and any surplus remaining, after such expenditure has been met, shall be invested in such manner as may be prescribed.

Where this provision sits

ActThe Goa State Higher Education Council Act, 2018.
Section16
Marginal noteFunds of the Council
JurisdictionState of Goa
StatusIn force as published by the source

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