Section 23(2) in The Guru Nanak Dev University Amritsar Act, 1969
(2)Without prejudice to the generality of the foregoing provision, the State Government shall provide a minimum annual grant of fifty lacs rupees to the University for meeting its recurring expenditure:Provided that if during any financial year the entire amount of the aforesaid grant is not utilised for meeting the recurring expenditure, the unutilised balance may, with the previous consent of the State Government, be utilised for meeting capital expenditure of the University.
