Amendment status not verified — confirm the current text below against the official source.
Subject to the provisions of this Act, the Regulatory Body shall exercise the powers and discharge the functions as mentioned below: - (a) to hear complaints from the students or their parents or guardians with regard to the charging of excessive fee or for doing or asking to do any other activity with a motive to gain financial benefit or profit in contravention of the provisions of this Act by any Unaided Educational Institution; (b) to ensure that the Unaided Educational Institutions are not indulging in commercialization of education; (c) to check that the fee structure is being kept within the limits as provided under this Act so as to avoid profiteering; (d) to strike a balance between autonomy of an Unaided Educational Institution, and measures to be taken in avoiding commercialization of education; (e) to check excessive hike in fee by an Unaided Educational Institution with the motive to earn profit; (f) to ensure that increase in the fee undertaken by an Un-aided Educational Institution is justified and necessitated by the circumstances like increase in Powers and functions of the Regulatory Body. expenditure or because of needed developmental activities, and does not result into profiteering; and (g) to check that funds charged from the students are not diverted to any other purpose, except as permissible under sub-section (4) of section 10.