Section 22
Setting up of endowment fund.
The Footwear Design and Development Institute Act, 2017
About this Act
An Act to establish and declare the Footwear Design and Development Institute as an institution of national importance for the promotion and development of quality and excellence in education, research and training in all disciplines relating to footwear and leather products design and development and for matters connected therewith or incidental thereto.
Notwithstanding anything contained in section 21, the Central
Government may direct the 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.
(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.