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Section 18: Funds of the Council:

The Jharkhand State Higher Education Council Act, 2016State Act of Jharkhand · Act 17 of 2016

(i) The funds of the Council shall include all sums which may, from 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.

(ii) The Government may pay to the Council 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.

(iii) 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 Jharkhand State Higher Education Council Act, 2016
Section18
Marginal noteFunds of the Council:
JurisdictionState of Jharkhand
StatusIn force as published by the source

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