Amendment status not verified — confirm the current text below against the official source.
The CEPT Trust shall place funds at the disposal of the University to be called the Permanent Endowment Fund of a sum of rupees one crore or a sum required for meeting the full operational expenditure of the University for three years, in long term interest bearing securities issued or guaranteed by the Central Government or the State Government. CHAPTER VI ACCOUNTS, AUDIT AND ANNUAL REPORT Accounts and audit.