School Education Fund

6. School Education Fund - (1) There shall be a School Education Fund for every school consisting of the following,- (i) funds released by the Government or Local Bodies for management or Improvement of infrastructure of the school which will not include salary grant released by Government; (ii) funds for school contingencies released by Local Bodies or Government; (iii) [Omitted]; (iv) membership fee from parents; (v) corpus fund collected from members and donors including Grant-in-aid from Government for further development of the school; and (vi) fee collected, if any, from parents. (2) The fund shall be operated in such manner as may be prescribed by the School Management Committee. Provided that where the School Management Committee is not in existence, the person in-charge of the committee shall operate the fund in such manner as may be directed either by the Commissioner/Director of School Education or by an officer designated by him.