State Act

10

Section 10. Application of General Fund.

THE ICFAI UNIVERSITY, JAIPUR ACT, 2011

Act no. 26 of 20112011In forceRajasthan (State Act)

10. Application of General Fund.-The General Fund shall be utilized for meeting all expenses, recurring or nonrecurring in connection with the affairs of the University: Provided that no expenditure shall be incurred by the University in excess of the limits for total recurring expenditure and total non-recurring expenditure for the year, as may be fixed by the Board of Management, without the prior approval of the Board of Management.