(1) The Institute shall ha ve a separa te fund of its own.
(2) The fund as re ferred to in Sub-section (1) shall c onsist of the follow ing amounts:
(a) Amounts received from the Governme nt of Nepal,
(b) Loa ns, donation, gift, assista nce or grant received from a ny person, organiza tion or government,
20 Amended by the First Amendment.
21 Repealed by the First Amendment.
(c) Amounts re ceived from educationa l fee s a nd service fee s,
(d) Amounts received from any other sources.
(3) In rece iving amounts from a fore ign person, orga niza tion, governme nt or interna tional orga nization, the Institute sha ll obta in approva l of the Gove rnment of Ne pal.
(4) The mone ys of the fund of the Institute sha ll be de posited in a n acc ount opened with a bank.
(5) All the e xpenditures of the Institute sha ll be chargea ble on the fund a s referred to in Sub-se ction (2).
(6) The fund and acc ount of the Institute sha ll be opera ted as prescribe d.