Section 31(2)(f) in The Goa, Daman and Diu School Education Rules, 1986
(f)the reserve funds, the [* * *] [The words 'association of individuals' have been omitted by (Amendment) Rules, 1994 (O. G., Series I No. 28 dated 14-10-1994.] the trust possesses in order to meet the recurring expenses including the salaries of the staff;