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Section 41

The Sardar Bhagwan Singh University Act, 2016State Act of Uttarakhand · Act 12 of 2018

(1) Every Statute or Ordinance made under this Act shall be made available in writing.

(2) Each new Statute or ordinance made under this Act shall be enforced as it is made by the competent Authority, Permanent Endowment Fund

42. A permanent endowment Fund of pledge amount rupees Two Crore shall be established with the name of State Government as a nationalized bank guarantee by the proposer Trust whose duration shall be of five years, thereafter it shall be renewed for five years.

General Fund 43. (1) The University shall establish a general fund to which the following amount shall be credited ,namely:-

(a) all fees which may be charged by the University;

(b) all sums received from any other source.

(c) All contributions made by the Society; and

(d) All contributions made in this behalf by any other person or body which are not prohibited by any law for the time being in force.

(2) The moneys credited to the general fund shall be applied to meet all the recurring expenditures of the University.

Development Fund

Where this provision sits

ActThe Sardar Bhagwan Singh University Act, 2016
Section41
JurisdictionState of Uttarakhand
StatusIn force as published by the source

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