State Act
47
Section 47. University Fund
The Bongaigaon University Act, 2023
Act no. 54 of 20232023In forceAssam (State Act)
47. (1) The University shall have a Fund to be known as “Bongaigaon University Fund” to which shall be credited all its income, fees, fines, contributions, donations, loans and advances from any other sources. (2) The University may also create, by Ordinance made on this behalf, one or more separate special funds for the administration of endowments, trusts or other grants for specific purposes. (3) The State Government shall, for the purpose of this Act, contribute annually to the University Fund so as to enable the University to run smoothly and efficiently.