Section 35:
Provident and pension funds.
(1) The University shall constitute for benefit of its
employees such provident fund or any other similar fund or provide such insurance schemes, as it may
deem fit, in such manner and subject to such conditions, as may be prescribed by the Statutes.
(2) Where such provident fund or other similar fund has been so constituted, the Central
Government may declare that the provisions of the Provident Funds Act, 1925 (19 of 1925) shall
apply to such fund, as if it were a Government provident fund.