42. General Fund. — (1) The University shall establish a general fund to which the following amount shall be credited, namely:- (a) all fees which may be charged by the University; (b) all sums received from any other source; (c) all contributions made by the Trust; and (d) all contributions made in this behalf by any other person or body which are not prohibited by any law for the time being in force. (2) The moneys credited to the general fund shall be applied to meet all the recurring expenditures of the University.
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Section 1 · Short title and commencement.Section 2 · Definitions.Section 3 · Establishment of the University.Section 4 · Conditions for the establishment of the University.Section 5 · Commencement of the University.Section 6 · Grants and Financial Assistance.Section 7 · Objects of the University.Section 8 · Powers of the University.India Code, Government of India. Text fetched 11 Oct 2026. Source metadata reports last modification: 2025-05-30. Check the linked official text and subsequent notifications when applying a provision.