FEDERAL UNIVERSITY OF EDUCATION, KONTAGORA (ESTABLISHMENT) ACT, 2021.
Section 10: General fund of the University.
1 There shall be a general fund of the University which shall consist of the following -
a annual appropriation from the Federal government;
b grants-in-aid;
c fees;
d income derived from investments;
e gifts, legacies, endowments and donations not accepted for a particular purpose;
f income derived from the exercise of any functions conferred or imposed on the University by this Act;
g other amounts, charges or dues recoverable by the University;
h revenue, from time to time, accruing to the University by way of subvention;
i interests on investments;
j donations and legacies accruing to the University from any source for the general or special purposes of the University; and
k regular Tertiary Education Trust Fund interventions.
2 The general fund shall be applied for the purposes of the University.
Cite this section
Section 10, FEDERAL UNIVERSITY OF EDUCATION, KONTAGORA (ESTABLISHMENT) ACT, 2021. (2021).
https://repo.podus.ai/laws/federal-university-of-education-kontagora-establishment-act-2021/section/10/