Amendment status not verified — confirm the current text below against the official source.
With the previous sanction of the State Government, any portion of the University Fund may, from time to time, be credited by the University to a separate head of account as special fund or depreciation fund in the University accounts : Provided that, there shall, be credited and debited to such funds only such sums as shall expressly relate to the objects for which a special fund or depreciation fund is so created and for the purpose specified or for depreciation of equipment as may be provided by Statutes.