(1) The expenditure for administration of the University during the taking over the liabilities of the University under section 48 shall be met out of the permanent endowment fund, the general fund, and the development fund.
(2) lf the funds referred to in sub-section (1) are not sufficient to meet the expenditure of the University during the taking over the liabilities of the University, such expenditure may be met by disposing of the properties or assets of the University by the State Government.
(2) lf the funds referred to in sub-section (1) are not sufficient to meet the expenditure of the University during the taking over the liabilities of the University, such expenditure may be met by disposing of the properties or assets of the University by the State Government.
आगे पढ़ें / Continue reading
Explore the next section or browse this act in the selected language.
Next · Section 50De-recognition of the University by the State Government →All sections / सभी धाराएँTHE AXIS UNIVERSITY UTTAR PRADESH ACT, 2011 →
More sections of this act
Section 1 · Short titleSection 2 · DefinitionsSection 3 · Establishment of the UniversitySection 4 · Conditions for the establishment of the UniversitySection 5 · Starting of the UniversitySection 6 · Objects of the UniversitySection 7 · Powers of UniversitySection 8 · Admission and StandardsIndia Code, Government of India. Text fetched 11 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.