section 44
Development Fund
The Venkateshwara Open University Act, 2012Education201256 sections
Statutory text
(1) The Uni\€Gity shallalso establish developmentfund to which the following money shall be credited, namely :-(a) de\relopment ,ees, which may be chaged frorn studenb ;(b) allsums received from other sources for the purpose of the development of the University ;(c) all contributions made by the Trust; '(d) all contributions made rn this behalf by any other person or bodywhich are not prohibited by any law for the time being enforce ; and(e) all incomes received from the permanent endowment fund (2) The money credited to the development fund from time to time shall be utilized for the development of the University.
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