Amendment status not verified — confirm the current text below against the official source.
(1) The Deans of the University shall be appointed by the Vice-Chancellor. with the approval of President acting as Chairman of the Board, from amongst the Faculty of the University as prescribed by the Regulations. (2) The Deans shall assist the Vice-Chancellor in managing the academic and other affairs of the University and shall exercise such powers. and perform such functions as may be prescribed by the Regulations or be entrusted to them by the Vice- Chancellor. CHAPTER — MISCELLANEOUS PROVISIONS 23, (f) The Trust shall place funds at the disposal of the University to be called the Permanent Endowment Fund of a sum of rupees Five Crore, in long term interest bearing securities issued or guaranteed by the State Government. On the termination of the involvement of the Trust and after meeting the operational expenditure for the next three years. out of the Permanent Searchable PDF created by OCR.space (Free Version) Payment university, Fundi the 1.16ivgtSity, 113 Endowment Fund, if there is any unused balancethat shall be paid back to the Trust. (2) The Endowment shall be used as security deposit to ensue that the University complies with the provisions of the Act andfunctions as pet the provisionsoftheAct and Regulationsmade thereunder, (3) Income from Endowment Fund may be utilized for development of infrastracture of the University and to meat the recurring expenditure of the University