Amendment status not verified — confirm the current text below against the official source.
Whenever the University receives funds from any Government, the University Grants Commission or other agencies sponsoring a scheme to be executed by the University, notwithstanding anything in this Act or the regulations :–– (a) the amount received shall be kept by the University separately from the University fund and utilized only for the purpose of the scheme ; and (b) the staff required to execute the scheme shall be recruited in accordance with the terms and conditions stipulated by the sponsoring organization.