Section 8
Fund of University.
The Rajiv Gandhi National Aviation University Act, 2013
About this Act
An Act to establish and incorporate a national aviation University to facilitate and promote aviation studies and research to achieve excellence in areas of aviation management, policy, science and technology, aviation environment, training in governing fields of safety and security regulations on aviation and other related fields to produce quality human resources to cater to the needs of the aviation sector and to provide for matters connected therewith or incidental thereto.
(1) There shall be a University Fund which shall include—
(a) any contribution or grant made by the Central Government or an instrumentality of the Central Government;
(b) any contribution or grant made by the State Governments;
(c) any contribution from aviation companies and aviation industry both Indian and international;
(d) any bequests, donations, endowments or other grants made by any private individual or institution;
(e) income received by the University from fees and charges; and
(f) amounts received from any other source.
(2) The said fund shall be utilised for such purposes of the University and in such manner as may be prescribed by the Statutes and the Ordinances.
(a) any contribution or grant made by the Central Government or an instrumentality of the Central Government;
(b) any contribution or grant made by the State Governments;
(c) any contribution from aviation companies and aviation industry both Indian and international;
(d) any bequests, donations, endowments or other grants made by any private individual or institution;
(e) income received by the University from fees and charges; and
(f) amounts received from any other source.
(2) The said fund shall be utilised for such purposes of the University and in such manner as may be prescribed by the Statutes and the Ordinances.