Amendment status not verified — confirm the current text below against the official source.
Factors for determination of fee.—(1) 5[The Fee Regulatory Committee] shall determine the fee that may be charged by a private medical educational institution in the manner as may be prescribed, considering the following factors, namely:— (a) the location of the private medical educational institution; (b) the nature of the medical course; 1 Clause (d) omitted by Act 4 of 2019 (w.e.f. 28.06.2019). 2 Relettered by Act 4 of 2019 (w.e.f. 28.06.2019). 3 Relettered by Act 4 of 2019 (w.e.f. 28.06.2019). 4 Substituted by Act 4 of 2019 (w.e.f. 28.06.2019). 5 Substituted by Act 4 of 2019 (w.e.f. 28.06.2019). 11 (c) the cost of land and building; (d) the available infrastructure, teaching and non-teaching staff and other equipments; (e) the expenditure on administration and maintenance of the medical educational institution; (f) a reasonable surplus required for growth and development of the medical educational institution; (g) any other relevant factor. (2) 1[The Fee Regulatory Committee] shall, before fixing any fee, give the institution a reasonable opportunity of being heard: Provided that no such fee as may be fixed by the 2[Fee Regulatory Committee] shall amount to profiteering or commercialization of education.