Amendment status not verified — confirm the current text below against the official source.
The University shall have a fund to he known its the University Fund to which Fund ShA be credited— tat an its income from Ices, fine. donations and endowments: (b) contributions or grants which may be made by the Central Government or the State Government or the Government of any other State or the University Grants Commission or the All India Council for Technical Education on such conditions as it may impose; (C.) an other contributions or grants Or loans and advances: (d) money received from any other source whatsoever: (e) 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 for the administration of Students' Welfare. Endowments. Donations and Gins. Trust or specific grants or grants for other special purpose, i Thy': Stalt (i0Vcfrirlier11. rl 1:::;10 one ninth ()Hove the k.nd of the vc.n, i 1 » ',_.' hi' Ilku4t.-1 ill,: provided that 113,2 .:,t,itt• iron-11 .1;11c to um,. o rmit!,it t H i, Entsersity to incur eNrc-nchiLive till tIi,- 1)t_let is ))-0,)ioNucl, (3) no COMITILIalial1011 IS n111 tO Inc Crnyersny b nu, State (7-i kp,ernincni within the period as aloresnid, the budget shall he l r.Cerned ti) base approved Itv: tic StatcGovcrturient. (4) Notwithstanding anything. to the contrary contained in this Act. the 1..:niversity still not, eNcepi with the prior appro \ al of the Stale Government. ifiCur.nriv eNciCridifurr. nit arlY arrlOtint tfl CXCt'Ss 01 ar1101.1111 SpCdfa:d ii the budget on that account . hovided that no such prior approval shall hr.:necessary in respcct tit ans cspeniinurc it - iinv SCI1Crli• I101.1110VICInt in ii stmrb 0:1)(11(111.1.1rt' IS 111.1 nim'scr'niit 4,1 u of it own resoureu, Gencrai