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State of Arunachal Pradesh - Section

Section 45 in North East Frontier Technical University (Neftu) Arunachal Pradesh Act, 2014

45. Development Fund.

(1)The University shall also establish a development fund to which the following funds shall be credited, namely:
(a)Development fees which may be charged from students ;
(b)All sums received from any other source for the purpose of the development of the University;
(c)All contributions made by the Sponsor;
(d)All contributions/donations made in this behalf by any other person or body which are not prohibited by any law for the time being in force ;
(e)All incomes received from the endowment fund ;
(2)The funds credited to the development fund from time to time shall be utilized for the development of the University :