section 52
Restriction on diversion of funds
The Kannur University Act, 1996Education1996103 sections9 chapters
Chapter VII FINANCE
Statutory text
Restriction on diversion of funds .- The University shall not -
- (a) without the prior approval of the Government,
- (i) divert funds earmarked for a purpose for any other purposes; or
- (ii) implement any scheme which involves any matching contribution from the Government; or
- (b) implement any scheme which imposes a recurring liability on the Government after the assistance from the sponsoring authority ceases.
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