Amendment status not verified — confirm the current text below against the official source.
(1) The Trust shall place funds at the disposal of the Institute to be called the Permanent Endowment Fund of a sum of five crores rupees or a sum required for meeting the full operational expenditure of the institute for three years, in long term interest bearing securities issued on or guaranteed by the Central or State Government. (2) On the termination of the involvement of the Trust and after meeting the operational expenditure for three years out of the Permanent Endowment Fund, if there is any unused balance that shall be paid back to the Trust.