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Maharashtra Private Universities (Establishment and Regulation) Act, 2023

Section 14. General fund.

The university shall also establish a fund, which shall be called the general fund to which following shall be credited, namely:- (a) fees and other charges received by the university; (b) any contribution made by the sponsoring body; (c) any income received from consultancy and other works undertaken by the university; (d) bequests, donations, endowments and any other grants; and (e) all other sums received by the university.

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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