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Section 54: Expenditure of the University during dissolution

The Uttar Pradesh Private Universities Act, 2019State Act of Uttar Pradesh · Act 12 of 2019

54. (1) The expenditure for administration of the University during the taking over of the liabilities of the University under section 53 of the Act shall be met out of the Permanent Endowment Fund, the general fund and the development fund.

(2) During this process, if the funds referred to in sub-section (1) are not sufficient to meet the expenditure and the liabilities of the University, such expenditure may be met by disposing off the properties and assets of the University by the State Government.

Where this provision sits

ActThe Uttar Pradesh Private Universities Act, 2019
Section54
Marginal noteExpenditure of the University during dissolution
JurisdictionState of Uttar Pradesh
StatusIn force as published by the source

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