(1) The University shall constitute for benefit of its employees such provident fund or any other similar fund or provide such insurance schemes, as it may deem fit, in such manner and subject to such conditions, as may be prescribed by the Statutes.
(2) Where such provident fund or other similar fund has been so constituted, the Central Government may declare that the provisions of the Provident Funds Act, 1925 (19 of 1925) shall apply to such fund, as if it were a Government provident fund.
(2) Where such provident fund or other similar fund has been so constituted, the Central Government may declare that the provisions of the Provident Funds Act, 1925 (19 of 1925) shall apply to such fund, as if it were a Government provident fund.
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Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Establishment of University.Section 4 · Objects of University.Section 5 · Powers and functions of University.Section 6 · University to be open to all caste, creed, race or class.Section 7 · Central Government to review work and progress of University.Section 8 · Officers of University.India Code, Government of India. Text fetched 26 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.