THE ISLAMIC UNIVERSITY OF SCIENCE AND TECHNOLOGY, KASHMIR ACT, 2005.
Section 20. General Fund.
The University shall have a General Fund set up by Board in the name of the University and operated by the University to which shall be credited—
(i) rupees twenty crore as a one-time capital grant to be made by the Board for meeting the non-recurring cost of the University ;
(ii) rupees two crore to be annually contributed by the Board ;
(iii) its income relating the fee and endowments ;
(iv) contributions or grants as may be made by the Board ; and
(v) other contributions or grants as may be made by any person or authority.
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