Amendment status not verified — confirm the current text below against the official source.
Sponsor Scheme : (1) Whenever the University will receive funds from agencies for sponsoring a scheme to be executed by the University, notwithstanding anything in this Act and Regulations. (2) The amount received shallbe kept by the University separatelyfrom the university Fund and utilized ohly forthe purpose ofthe scheme; ' and (3) The statf required to execute lhe scheme shall be recruited in accordance with the terms and conditions stipulated by the sponsoring organization.