Development Fund

(1) The University shall also establish a development fund to which the following funds shall be credited, namely:-(a) development fee which may be charged from students; (b) all sums received from any other source for the purposes of the development of the University; (c) all contribution made by the Sushila Devi Centre for Professional Studies and Research (Society), Dehradun; (d) all contribution/donations 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 funds credited to the development fund from time to time shall be utilized for the development of the University.