Bare ActsKannur University Act, 1996

Section 52

Restriction on diversion of funds

Amendment status not verified — confirm the current text below against the official source.

The University shall not-- (a) without the prior approval of the Government, divert funds earmarked for a purpose for any other purposes; or (ii) implement any scheme which involves any matching contribution from the Government; or (b) implement any scheme which imposes a recurring liability on the Government after the assistance from the sponsoring authority ceases.

Section 52 – Kannur University Act, 1996 | DailyLaw.ai