HPU 12

Section 12 · General fund

- Every university shall establish a fund, which shall be called the general fund to which the following shall be credited, namely:-

(a)

fees and other charges received by the university;

(b)

any contributions made by the sponsoring body;

(c)

any income received from consultancy and other work undertaken by the university in pursuance of its objectives;

(d)

trusts, bequests, donations, endowments and any other grants; and

(e)

all other sums received by the university.

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