Every student of the University other than a non-collegiate student shall be required to reside in a hostel or under such other conditions as may be prescribed.
CHAPTER VIII UNIVERSITY FUNDS
41. General Funds:- The University shall have a General Fund which shall be credited –
(a) its income from fees, grants, donations and gifts, if any.
(b) any contribution or grant made by the Central Government, any State Government, the University Grants Commission or like authority, any local authority or any corporation owned or controlled by the Government; and
(c) Endowments and other receipts.
CHAPTER – IX CONDITIONS OF SERVICE
44. Pension, gratuity, etc- (1) The University shall institute for the benefit of its officers, teachers, and other persons employed by the University, such pension, gratuity, insurance and provident fund as it may deem fit, in such manner and subject to such conditions, as may be prescribed.
(2) Where the University has so instituted a provident Fund under sub-section (1), the Government may declare that the provisions of the provident Funds Act, 1925 (Central Act XIX of 1925), shall apply to such fund as if the University were a local authority and the fund a Government Provident Fund.
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(3) The University may, in consultation with the Finance Committee, invest the provident fund amount in such manner, as it may determine.