section 42
Development Fund
The Institute of Chartered Financial Analysts of India University Act, 2005Education200551 sections6 chapters
Chapter 6 MISCELLANEOUS
Statutory text
- (1) The University shall also establish a development fund to which the following funds shall be credited, namely: (a) Development fees which may be charged from students; (b) All sums received from any other source for the purpose of the development of the University; (c) All contributions made by the Sponsor; (d) All contributions/donations made in this behalf by any other person or body which are not prohibited by any law for the time being in force; and (e) All incomes received from the endowment fund; (2) The fund credited to the development fund from time to time shall be utilized for the development of the University.
Study data processing for this section.
PDF: pending for this language.