Chapter II — THE INSTITUTE

Section 24Setting up of Endowment Fund

Section 24: Setting up of Endowment Fund

24. Setting up of Endowment Fund

Notwithstanding anything contained in section 23, the Central Government may direct [any Institute] to—

(a)

set up an Endowment Fund and any other Fund for specified purpose; and

(b)

transfer money from its Fund to Endowment Fund or any other Fund.

Amendment notes (1)
  1. Subs w.e.f. 13-1-2020 . Subs. by s. 20, ibid., for "the Institute" (w.e.f. 13-1-2020).