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Section 17: Funds of the Council.

The Meghalaya Higher Education Council Act, 2018 (Act No. 3 of 2018)State Act of Meghalaya · Act 3 of 2018

(1) 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, the University Grants Commission or any other authority, institutions or person.

(2) 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.

(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 Meghalaya Higher Education Council Act, 2018 (Act No. 3 of 2018)
Section17
Marginal noteFunds of the Council.
JurisdictionState of Meghalaya
StatusIn force as published by the source

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