Section 20: General Fund
consolidated text (as at 2012, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
20. General Fund
(1) The Open University shall set up and operate a General Fund to which
shall be credited—
(a) its income from fees, grants, donations, loans and gifts;
(b) endowments and all monies from any other source.
(2) The amounts credited to the General Fund pursuant to subsection (1)
shall be applied towards meeting the expenses incurred by or on behalf of
the Open University in the discharge of its functions and the exercise of its
powers.
O6A – 9 [Issue 4]
Open University of Mauritius Act