Amendment status not verified — confirm the current text below against the official source.
(1) Each Institute shall be a not-for-profit legal entity and no part of the surplus, if any, in revenue of the Institute, after meeting all expenditures in regard to its operations under this Act, shall be invested for any purpose other than for the growth and development of the Institute or for conducting research therein. (2) Each Institute shall strive to raise funds for self-sufficiency and sustainability.