section 23
Permanent Endowment Fund
The CEPT University Act, 2005Education200540 sections10 chapters
Chapter V FINANCE.
Statutory text
The CEPT Trust shall place funds at the disposal of the University to be called the Permanent Endowment Fund of a sum of Rs. 1,00,00,000 or a sum required for meeting the full operational expenditure of the University for three years, in long term interest bearing securities issued or guaranteed by the Central Government or the State Government.
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