Section 88(3) in Rajasthan Non-Government Educational Institutions (Recognition, Grant-In-Aid and Service Conditions Etc.) Rules, 1993
(3)Separate accounts also be kept for all assets such as building, furniture, educational equipments, library books, etc. created out of the grant-in-aid received from the State Government from time to time. Special care should be taken to keep these assets fit at all times.
