(1) There shall be a separate fund of the University and the fund shall consist of the following amounts:
(a) Grants or donation received from Government of Nepal,
(b) The amount given by any person or organization as donation, charity and financial assistance,
(c) The amount received as assistance or loan from  foreign government, international organizations,
associations, financial institutions or persons,
(d) The amount received from fees of the students,
(e) The amount received from affiliation fees,
(f) Fees or the amount to be received from any other source.
(2) While receiving any amount pursuant to Clause (c) of Subsection (1), the University shall have to obtain prior approval of Government of Nepal.
(3) The amount of the fund of the University shall be deposited in an account opened with the bank as decided by the Executive Council.
(4) All expenditure of the University shall be borne by the fund  pursuant to Sub-section (1).
(5) The operation of fund and account of the University shall be as prescribed.