Act Number: 19

Act Name: The Jawaharlal Institute of Post-Graduate Medical Education and Research, Puducherry, Act, 2008

Year: 2008

Enactment Date: 2008-05-16

Long Title: An Act to declare the Institution known as the Jawaharlal Institute of Post-Graduate Medical Education and Research, Puducherry, to be an institution of national importance and to provide for its incorporation and matters connected therewith.

Ministry: Ministry of Health and Family Welfare

Department: Department of Health and Family Welfare

Section 16: Fund of Institute.
    (1) The Institute shall maintain a Fund to which shall be credited--
         (a) all moneys provided by the Central Government;
         (b) all fees and other charges received by the Institute;
         (c) all moneys received by the Institute by way of grants, gifts, donations, benefactions, bequests or transfers; and
         (d) all moneys received by the Institute in any other manner or from any other source.
     (2) All moneys credited to the Fund shall be deposited in such banks or invested in such manner as the Institute may, with the approval of the Central Government, decide.
     (3) The Fund shall be applied towards meeting the expenses of the Institute including expenses incurred in the exercise of its powers and discharge of its functions under section 13.
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