State Act

47

Section 47. Development fund

THE HIMALAYIYA UNIVERSITY, ACT 2019

Act no. 08 of 20192019RepealedUttarakhand (State Act)

This Act was repealed on a date we do not have by the Uttarakhand Private Universities Act, 2023 (Uttarakhand Act 2 of 2024), s.72(1) and Schedule-I item 19; it may still apply to matters that began before then.

47. (1) A development fund shall be established by the University, in which the following funds shall be credited, namely:- (a) Development fees which may be charged from students; (b) All amounts received from any other source for the purpose of the development of the University; (c) All contributions made by the Himalayiya Ayurvedic Yoga Evam Prakartik Chikitsa Sansthan. (d) All contribution/donation made in this behalf by any other person or body which are not prohibited by any law for the time being in force; and (e) All incomes received from the permanent endowment fund. (2) The funds credited to the development fund from time to time shall be utilized for the development of the University.