Section 8 in The University Grants Commission (Recognition and Monitoring of Assessment & Accreditation Agencies) Regulations, 2018
8. Funding.
- 8.1 The Accreditation Advisory Council (AAC) shall examine the quantum of fees to be levied by the Assessment and Accreditation Agencies and recommend to the Commission for approval.8.2The Commission shall create a mechanism wherein every Higher Educational Institution would be charged a fee that would be collected in a Central Pool to create a fund; to avoid a direct link between a Higher Educational Institution and an accreditation agency.8.3The Commission, shall thereafter, authorize the remission of such fees payable from the Central Corpus to the respective AAAs
