Amendment status not verified — confirm the current text below against the official source.
The University shall have such other funds and maintain such Other funds. accounts as the Executive Council may determine on the recommendation of the Finance Committee, provided that the University shall not divert and invest any portion of any grant given to it by the State Government in any form or divert it to any fund other than the general fund without the prior approval of the State Government. Disputes as to the constitution of the University authorities and bodies. Proceedings of the University authorities or bodies not invalidated by vacancies. 185 The Netaji Subhas Open University Act, 1997. [West Ben. Act Power to accept funds from Government or to raise loans. Diversion of funds, upgradation of posts, etc. Control of expenditure. Annual Accounts and Audit (Chapter V.—University funds etc.—Sections 28-31.)