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Section 41: Notwithstanding anything contained in any other provisions of this Act and the Statutes

The swami ram Himalyan actState Act of Uttarakhand · Act 12 of 2013

(a) the first Vice-Chancellor and first Pro Vice-Chancellor (if any) shall be appointed by the Chancellor and the said officer shall hold office for a term of three years;

(b) the first Registrar and the first Finance Officer shall be appointed by the Chancellor and said officers shall hold office for a term of three years;

(c) the first Board of Governors shall hold office for a term not exceeding three years;

(d) the first Board of Management, the first Finance Committee and first Academic Council shall be constituted by the Chancellor for a term of three years.

Permanent Endowment Fund

42. The University shall establish a permanent endowment fund of ` 5 crore (` Five crore) in the form of a Bank Guarantee of a Nationalized Bank pledged in the name of State Government of Uttarakhand for the period of 5 years which shall be further renewed for a term of five years.

General Fund

Where this provision sits

ActThe swami ram Himalyan act
Section41
Marginal noteNotwithstanding anything contained in any other provisions of this Act and the Statutes
JurisdictionState of Uttarakhand
StatusIn force as published by the source

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