(1) The University shall also establish a development fund to which following Moneys shall be credited ,namely:-
(a) development fees , which may be charged from students;
(b) all sums received from other sources for the purpose of the development of the University;
(c) all contributions made by the society;
(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; and
(e) all incomes received from the permanent endowment fund.
(2) The moneys credited to the development fund from time to time shall be utilized for the development of the University.
Maintenance of fund
45. The funds established under section 42,43 and 44 shall subject to general supervision and control of the Court and be regulated and maintained in such manner as may be prescribed.
Financial Condition
46. The University shall be a self financed University and will not be based on any Grant-in-aid or any financial assistance from the State Government or any other Body Corporation owned and controlled by the State Government.
Fees 47. The fees charged for different academic programmes shall be in accordance to laws for the time being in force.
Power of the State Govt.
to call for Information and records