Scheduled Bank subject to the condition that this Fund shall not be withdrawn without the permission of the Government.

General Fund.- University shall establish a fund, which shall be called the General Fund to which following shall be credited, namely:-

1. (a) fees and other charges received by the University;
2. (b) any contribution made by the sponsoring body;
3. (c) any income received from consultancy and other works undertaken by the University;
4. (d) bequests, donations, except from parents and students, endowments and any other grants; and
5. (e) all other sums received by the University.