Amendment status not verified — confirm the current text below against the official source.
(1) There shall be a separate fund in the Law School to be known as the Judicial Training Fund. (2) The Director of the Academy shall ensure the deposit of the income of the Academy in the Fund and incurring of the expenditures of the Academy from the Fund. (3) The sources of income of the Fund shall be, - (a) grants made by the Government ; (b) donations, endowments and grants from any individual, organization or agency, whether national or international; (c) sale proceeds of the property and publications of the Academy; and (d) any other sum received by the Academy from any lawful source. (4) The Fund shall be kept in such custody, for being utilized and regulated in the manner prescribed by the Rules. THE ASSAM GAZETTE. EXTRAORDINARY, SEPTEMBER 19, 2009 1536 Budget and accounts. 38.(1) The Director of the Academy shall utilize the Budget and maintain the accounts of the Academy in the prescribed manner. (2) The Director of the Academy shall prepare the Budget of the Academy for each financial year. (3) The Director shall not incur any expenditure from the Fund without the approval of the Board. Audit