State Act
Section 44. Development Fund
THE SARDAR BHAGWAN SINGH UNIVERSITY ACT, 2016
This Act was repealed on a date we do not have by the Uttarakhand Private Universities Act, 2023 (Uttarakhand Act 2 of 2024), s.72(1) and Schedule-I item 18; it may still apply to matters that began before then.
44. (1) The University shall also establish a development fund to which following Moneys shall be credited ,namely:- (a) development fees , which may be charged from students; (b) all sums received from other sources for the purpose of the development of the University; (c) all contributions made by the society; (d) all contributions 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 moneys credited to the development fund from time to time shall be utilized for the development of the University.