CourtMesh

Section 38: Permanent endowment fund

The Uttar Pradesh Gautam Buddha University Act, 2002State Act of Uttar Pradesh · Act 9 of 2002

(1) The University shall establish a permanent endowment fund of at least rupees ten crores which may be increased by notification issued in this behalf by the State Government from time to time.

(2) The University shall have the power to invest the permanent endowment fund in such manner as may be prescribed.

(3) The University may transfer any amount from the general fund or the development fund to the permanent endowment fund.

[(4) Any amount exceeding the minimum amount specified in sub-section (1) may be withdrawn from the permanent endowment fund by the University to be credited to the general fund to meet the recurring/nonrecurring expenses of University.]

Where this provision sits

ActThe Uttar Pradesh Gautam Buddha University Act, 2002
Section38
Marginal notePermanent endowment fund
JurisdictionState of Uttar Pradesh
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • substituted. . Subs. by sec. 7 of U. P. Act no. 21 of 2008.

Find the provision, not just read it

The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:

  • Search 49,000+ Central and State enactments by what a provision says, not by its number
  • Jump from any section to every judgment that has applied it
  • Search 300 million+ Indian court records alongside the statute
  • Ask a research agent to find and read the case law on a provision for you

Free account. No card. About a minute to create.

Create a free account

Need this as data, not as a page? The Uttar Pradesh Gautam Buddha University Act, 2002 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.