The Jammu and Kashmir Shri Ma Ta Vaishno Devi University Act, 1999Union territory Act of Jammu and Kashmir · Act 12 of 1999
The University shall have a General Fund set up by Shri Mata Vaishno Devi Shrine Board in the name of the University and operated by the University to which shall be credited––
(i) Rupees twenty crore as a one time capital grant to be made by Shri Mata Vaishno Devi Shrine Board for meeting the nonrecurring cost of the University.
(ii) Rupees three crore to be annually contributed by Shri Mata Vaishno Devi Shrine Board ;
(iii) its income relating the fee and endowments ;
(iv) contribution or grants which may be made by the Government ; and
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