Section 75 in First Statutes of the University of Udaipur
75. Administration of the Fund.
(1)The Board shall be the competent authority to administer the University Fund.(2)The Board shall invest moneys from the University Fund, and shall also advance loans to the employees and officers of the University or the University Co-operative Societies out of the University Fund.(3)The Board shall authorise out of the University Fund withdrawal to meet expenditure and disbursement as appropriated in the budget.
