THE JAMMU AND KASHMIR SHRI MA TA VAISHNO DEVI UNIVERSITY ACT, 1999
Section 20. General Fund.
The University shall have a General Fund set up by Shri Mata Vaishno Devi Shrine 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 Shri Mata Vaishno Devi Shrine Board for meeting the nonrecurring cost of the University.
(ii) Rupees three crore to be annually contributed by Shri Mata Vaishno Devi Shrine Board ;
(iii) its income relating the fee and endowments ;
(iv) contribution or grants which may be made by the Government ; and
(v) other contributions or grants.
Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.
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