section 50
General Fund.
The Pes University Act, 2012Education201263 sections
Statutory text
- (1) The University shall establish a General Fund to which the following
amount shall be credited, namely:-
- (i) all fees which may be charged by the University;
- (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 University; (i v) 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 University.
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