section 49
The remaining twenty percent shall be reinvested into the Institute Endowment Fund.
The Institute of Trans-Disciplinary Health Sciences and Technology Act, 2013General201361 sections6 chapters
Chapter VI MISCELLANEOUS
Statutory text
General Fund General Fund.-
- (1) The Institute shall establish a General Fund to which the following amount shall be credited, namely:-
- (i) all fees which may be charged by the Institute;
- (ii) all sums received from any other source not prohibited by any law for the time being in force;
- (iii) all contributions made to the Institute;
- (iv) all contributions/donations made in this behalf by any other person or body which are not prohibited by any law for the time being in force.
- (2) The funds credited to the General Fund shall be applied to meet all the recurring expenditure of the Institute.
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