State Act

43

Section 43. General Fund

QUANTUM UNIVERSITY ACT, 2016

Act no. 04 of 20172017RepealedUttarakhand (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This Act was repealed on a date we do not have by the Uttarakhand Private Universities Act, 2023 (Uttarakhand Act 2 of 2024), s.72(1) and Schedule-I item 16; it may still apply to matters that began before then.

43 (1) The University shall establish a general fund to which the Following amount shall be credited, namely:- (a) all fees which may be charged by the University; (b) all sums received from any other source; (c) all contributions made by the promoting Trust; (d) all contributions/donations made in this behalf by any other person or body, which are not prohibited by any law for the time being in force; (2) The funds credited to the general fund shall be applied to meet all the recurring expenditure of the University.