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State of Chattisgarh - Section

Section 41 in Ayush and Health Sciences University of Chhattisgarh Act, 2008

41. University Fund.

(1)The university shall establish a Fund to be called the university fund.
(2)The following shall form part of, or be paid into, the university Fund :-
(a)any rent, contribution or grant by Central or State Government or any body corporate;
(b)trusts, bequests, donations, endowments and other grants;
(c)the income of the university from all sources including income from fees and charges;
(d)all other sums received by the university.
(3)The university Fund shall be kept in any Nationalized Bank.