Section 24 — Setting up of Endowment Fund.

The National Institutes of Design Act, 2014
Notwithstanding anything contained in section 23, the Central Government may direct 1 [any 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.

Official Hindi (PDF) ↗

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