(1) There shall be a separate fund of the Academy.
(2) The fund as referred to in Sub-section (1) shall consist of the following amounts:
(a) The amount received from Government of Nepal,
(b) The amount received from educational fees and service fees,
(c) The amount received as an assistance or loan from national and foreign individual, associations, institutions or foreign government,
(d) The amount to be received from any other source.
(3) While receiving any amount from foreign individual,  association, institution or government pursuant to Clause (c) of Subsection
(2), the Academy shall have to obtain approval of Government of Nepal.
(4) The amount of the fund of the Academy shall be deposited in an account opened in the bank or financial institution.
(5) All expenditure of the Academy shall be borne by the fund pursuant to Sub-section (1).
(6) The fund and account of the Academy shall be operated as prescribed.