State Act

20

Section 20. General Fund.

THE ISLAMIC UNIVERSITY OF SCIENCE AND TECHNOLOGY, KASHMIR ACT, 2005.

In forceJammu and Kashmir (State Act)

20. General Fund. The University shall have a General Fund set up by Board in the name of the University and operated by the University to which shall be credited— (i) rupees twenty crore as a one-time capital grant to be made by the Board for meeting the non-recurring cost of the University ; (ii) rupees two crore to be annually contributed by the Board ; (iii) its income relating the fee and endowments ; (iv) contributions or grants as may be made by the Board ; and (v) other contributions or grants as may be made by any person or authority.