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State of Maharashtra - Section

Section 9 in Spicer Adventist University Act, 2014

9. General Fund.

- University shall also establish a fund, which shall be called the General Fund to which following shall be credited, namely :-
(i)fees and other charges received by the University;
(ii)any contribution made by the sponsoring body;
(iii)any income received from consultancy and other works undertaken by the University ;
(iv)bequests, donations, endowments and any other grants ; and
(v)all other sums received by the University.