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Section 26: General Fund

Universite Des Mascareignes Act · PART VI: FINANCIAL PROVISIONS AND ACCOUNTS

consolidated text (as at 2017). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

26. General Fund The Board shall set up a General Fund— (a) into which shall be paid— (i) any grant, donation, gift and contribution received by it; (ii) any fee, charge, rental or interest; and (iii) any other sum which may lawfully accrue to it; (b) out of which all payments required to be made by the Board on behalf of the Université des Mascareignes shall be effected.

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