section 33
Development Fund
The Madras School of Economics Act, 2020Education202049 sections10 chapters
Chapter VIII FUNDS
Statutory text
- (1) The Institute shall also establish a development fund to which the following moneys shall be credited, namely:-
- (a) development fees, which may be charged from students;
- (b) all sums received from other sources for the purpose of the development of the Institute;
- (c) all contributions made by the Society;
- (d) all contributions made in this behalf by any other person or body which are not prohibited by any law for the time being in force; and
- (e) all incomes received from the permanent endowment fund.
- (2) The moneys credited to the development fund from time to time shall be utilised for the development of the Institute.
Study data processing for this section.
PDF: pending for this language.