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State of Uttarakhand - Section

Section 45 in Uttaranchal University Act, 2012

45. Development Fund.

(1)The University shall also establish a development fund to which; the following funds shall be credited, namely:-
(a)development fee which may be charged from students;
(b)all sums received from any other source for the purposes of the development of the University;
(c)all contribution made by the Sushila Devi Centre for Professional Studies and Research (Society), Dehradun;
(d)all contribution/donations made in this behalf by any other person or body which are not prohibited by any law for the time being in force; and
(e)all incomes received from the permanent endowment fund.
(2)The funds credited to the development fund from time to time shall be utilized for the development of the University.