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 make in this behalf by any other person or body which are not prohibited by any law for the time being in force; and
(e) all incomes received from the Endowment Fund.
(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 make in this behalf by any other person or body which are not prohibited by any law for the time being in force; and
(e) all incomes received from the Endowment Fund.
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More sections of this act
Section 1 · Short title, extent and commencementSection 2 · DefinitionsSection 3 · Right to establish the University.Section 4 · Establishment of the University.Section 5 · Self -sustaining University.Section 6 · Constituent colleges centers and affiliated colleges.Section 7 · Objectives of the University.Section 8 · Powers of the UniversityIndia Code, Government of India. Text fetched 10 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.