(1) The College shall have fund of its own.
(2) The following amounts shall be credited to the fund of the College:
(a) Grant received from the Government of Nepal.
(b) Amount received from any foreign government and international institution.
(c) Amount received in consideration for consultancy service and research work.
(d) Amount received from any other source.
(2) All amounts of the fund shall be deposited with any commercial bank.
(3) Amounts of expenses required to carry out activities in consonance with the objectives of the College shall be chargeable on the
fund as referred to in sub-section (1).