(1) The University shall, with the approval of the Board, constitute for the benefit of its officers, teachers and other employees, in such manner and subject to such conditions, as may be prescribed by the Regulations, such schemes of pension, provident funds and insurance as it may deem fit, and also aid in establishment and support of the associations, institutions, funds, trusts and conveyance calculated to benefit the staff and the students of the University.
Pension and Provident Fund.
38 of
1949.
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(2) Where any such provident fund has been so constituted, the provisions of the Provident Fund Act, 1925, shall apply to such funds as if it were a Government Provident Fund.
28. No act or proceedings of the Board or any authority of the University or any committee constituted under this Act or by the Regulations shall be questioned on the ground merely of the existence of any vacancy in or defect in the constitution of the Board, Authority or Committee of the University.
29. Notwithstanding anything contained in any other law for the time being in force, the University shall have powers to confer degrees, diplomas and grant certificates, and confer degrees and honorary degrees and other academic distinctions and titles, as approved by the Board, in accordance with the norms laid down by Regulatory Bodies.
30.The University shall furnish to the statutory authorities such reports, returns, statements and other information as may be required by them from time to time.