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Section 42: Development Fund

The Mahatma Gandhi University Act, 2010 (Act No. 6 of 2011)State Act of Meghalaya · Act 6 of 2011

The University shall also establish a Development Fund to which the following funds shall be credited, namely,-

(a) development fees which may be charged from students;

(b) all sums received from any other source for the purpose of the development of the University;

(c) all contributions made by the Sponsor;

(d) all contributions/ donations make in this behalf by any other person or body which are not prohibited by any law for the time being in force; and

(e) all incomes received from the Endowment Fund.

Where this provision sits

ActThe Mahatma Gandhi University Act, 2010 (Act No. 6 of 2011)
Section42
Marginal noteDevelopment Fund
JurisdictionState of Meghalaya
StatusIn force as published by the source

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