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State of Andhra Pradesh - Section

Section 38 in Andhra Pradesh Private Universities (Establishment and Regulation) Act, 2016

38. General Fund.

- Every University shall establish a fund, which shall be called the General Fund to which the following shall be credited, namely: -
(a)fees and other charges received by the University;
(b)for procurement & upkeep of the assets of the University;
(c)any income received from consultancy and other work undertaken by the University in pursuance of its objectives;
(d)trusts, bequests, donations, endowments and any other grants; and
(e)all other sums received by the University.