State · Karnataka
Section 49 of KARNATAKA ACT NO. 15 OF 2013
amount shall be credited, namely:-
- (i)all fees which may be charged by the University;
- (ii)all sums received from any other source not prohibited by any law for the time being in force;
- (iii)all contributions made by the University;
- (iv)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.