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State of Maharashtra - Section

Section 68 in The Dr. Babasaheb Ambedkar Technological University Act, 1989

68. Special fund and depreciation fund.

- With the previous sanction of the State Government, any portion of the Univ Fund may, from time to time, be credited by the University to a separate heat account as special fund or depreciation fund in the University accounts:Provided that, there shall be credited and debited to such funds only such sums as shall expressly relate to the objects for which a special fund or depreciation fund is so created and for the purpose specified or for depreciation of equipment as may be provided by Statutes.