(1) The expenditure for administration of the University during the taking over period of its management under Section 47 shall be met out of the endowment fund, the general fund or the development fund. (2) If the funds referred to sub-section (1) are not sufficient to meet the expenditure of the University during the taking over period of its management, such expenditure may be met by disposing off the properties or assets of the University, by the State Government.
Section 48: Expenditure of the University during dissolution.
The William Carey University Act, 2005 (Act No.13 of 2005)State Act of Meghalaya · Act 13 of 2005
Where this provision sits
| Act | The William Carey University Act, 2005 (Act No.13 of 2005) |
|---|---|
| Section | 48 |
| Marginal note | Expenditure of the University during dissolution. |
| Jurisdiction | State of Meghalaya |
| Status | In force as published by the source |
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