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37

University Fund

Act: Abdul Wali Khan University Mardan Act 2009

Section Provisions

ACT XVIII OF 2009 ACT XVIII OF 2009 ABDUL WALI KHAN UNIVERSITY, MARDAN ACT, 2009 An Act to provide for the establishment of a University to be known as the Abdul Wali Khan University, Mardan [Gazette of N.-W.F.P. Extraordinary, 24th October, 2009] No.PA/NWFP/Bills/2009/38482, dated 24-10-2009.--The Abdul Wali Khan University, Mardan Bill, 2009 having been passed by the Provincial Assembly of North-West Frontier Province on 9th October, 2009 and assented to by the Governor of the North-West Frontier. Province on 20th October, 2009 is hereby published as an Act of the Provincial Legislature of the North-West Frontier Province. Preamble.---Whereas it is expedient to provide for the establishment of a University to be known as the Abdul Wali Khan University, Mardan and for matters connected therewith and ancillary thereto, in the manner hereinafter appearing; It is hereby enacted as follows:--- CHAPTER - VI UNIVERSITY FUND 37. University Fund.---There shall be a Fund of the University to be called the University Fund to which shall be credited all money received by it from fees, donations, trusts, bequests, endowments, contributions, grants and other sources. All cash University Fund shall be deposited in a Bank, where the Bank of Khyber would be given preference, within 24 hours of the receipt of such payment. or withdrawn under subsection (1), it may, within the prescribed period, apply for review to the Syndicate against such refusal and the application shall be disposed of in such manner as may be prescribed.