section 32
Fund
The Bihar Engineering University Act, 2021Education202145 sections
Statutory text
Fund.—
- (1) The University shall have a general fund to which the following shall be credited:
- (i) Its income from fees, grants, donations and gifts, if any;
- (ii) Any contribution or grant made by national/international agencies, the Central Government, University Grants Commission, All India Council for Technical Education. Council of Architecture or like authority, any local authorities or any corporation owned or controlled by the Government and;
- (iii) Endowments and other receipts.
- (2) The University may have such other funds as may be prescribed by the Statutes.
- (3) The funds and all moneys of the University shall be managed in such a manner as may be prescribed by the Statutes.
- (4) The Government may, every year, provide grant-in-aid to facilitate and promote studies and research and for carrying out the objectives of the University.
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