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[Cites 0, Cited by 0] [Section 49] [Entire Act]

State of Karnataka - Subsection

Section 49(5) in THE ATRIA UNIVERSITY ACT, 2020

(5)Eighty percent of the incomes received from the University Endowment Fundshall be used for the purposes of development or general work of the University. Theremaining twenty percent shall be reinvested into the University Endowment Fund.