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Part 2 · Provisions Relating to University Company

8. Provision of funds

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(1)

The Minister must pay to the university company such moneys as Parliament may provide from time to time for the funding of the university company.

(2)

All moneys paid to the university company under subsection (1) may only be applied or expended by the university company for such objects provided by its constituent documents as the Minister may allow.

Report

Part 3

Transfer of Property, Rights, Liabilities, Employees, Etc., to University Company

Part 4

Miscellaneous

Schedules