Section 10
School to be a distinct legal entity not-for-profit.
The School of Planning and Architecture Act, 2014
About this Act
An Act to establish and declare Schools of Planning and Architecture as Institutions of national importance in order to promote education and research in architectural studies including planning of human settlements.
Each School shall be a not-for-profit
legal entity and no part of the surplus, if any, in revenue of such School, after meeting all expenditure
in regard to its operations under this Act, shall be invested for any purpose other than for the growth
and development of such School or for conducting research therein.