Appointment of a University Review Commission

(i) The Chancellor shall at least once in every five years or as and when required, constitute a commission to review the working of the University and to make recommendations. (ii) The Commission shall consist of not less than three eminent educationists, one of whom shall be the chairman of such commission appointed by the Chancellor in consultation with the State Government. (iii) The terms and conditions of the appointment of the members shall be such as the Chancellor may determine. (iv) The Commission shall after holding such inquiries as it deems fit, make its recommendation to the Chancellor. (v) The Chancellor may in consultation with the State Government take such action as he deems fit on the Review Commission report for the working and development of the University. (i) The university shall be a self-financed university which may generate fund from the following sources. (a) any contdbution or grant as may be made by the State Government; (b) any contribution or grant made by the University Grants Commission or the Central GoverDment: (c) any contribution made by the Bar Council oflndia; (d) any contribution made by the Bar Council of India Trust; (e) any contribution made by the State Bar Council; (f) any bequests, donations, endowments or other grants made by any private individual or institution; (g) income received by the University from fees and charges; and (h) gmounts received from any other source (ii) The amount ofrhe said Fund shall be kept in a scheduled Bank as defined in the Reserve Bank of India Act, 1934 (central Act No. z of 1934\, or in a corresponding new bank 'ionstituted under the Bankin-q Companies (Acquisition and Transfer of Undertakings) Act, I 970 (central Act No. 5 of 1970) and the Ba'king companies (Acquisition.and rrans- fer of undertakings) Act, 1980 (centrai Act No. 40 of 1980) or may be invested in such securities authorized by the Indian Trust Act, 1982 (Central ActNo. II of I982), as may be decided bv Executive Council. (iii) The said fund may be utilized for such purpose of the University and in such manner as may be prescribed by regulations.