Amendment status not verified — confirm the current text below against the official source.
(i) The University shall have a fund to be known as the University Fund to which shall be credited all its income from fees, fines, contributions donations, loans and , advances and from any other source whatsoever. The University may also create, by Ordinances made in this behalf, separate special funds of the administration of endowments, trusts or specific grant or grants for other special purposes. (ii) Teachers of the University are allowed to apply for any fund related to research or any purpose to any Govt. or Non Govt. Research or for any purpose to any Govt. or non Govt. organisation/statutory bodies. Where the fund will be utilised by the University for the purpose for which it is sanctioned considering the fund are of University. i Page 24 1= General limitation of financial powers of the University.