State Act

26

Section 26. Funds of the Council.

The Assam State Higher Education Council Act, 2017

Act no. 21 of 20172017Repealed 21 May 2022Assam (State Act)

This Act was repealed on 21 May 2022 by The Assam State Higher Education Council (Repealing) Act, 2022 (Assam Act 19 of 2022); it may still apply to matters that began before then.

26. (1) The funds of the Council shall include all sums which may, from time to time, be paid to it by the Government and all other receipts including any sum from the Central Government, the University Grants Commission or any other authority, institutions or persons. (2) In addition to the State share under Rastriya Uchchatar Shiksha Abhiyan (RUSA), the Government may pay to the Council every financial year such sums as may be considered necessary for the functioning of the Council and for the discharge of its responsibilities and duties. (3) All expenditure incurred by the Council under or for the purposes of this Act shall be defrayed from out of the Fund and any surplus remaining, after such expenditure has been met, shall be invested in such manner as may be prescribed.