law: National Institute of Pharmaceutical Education and Research Act, 1998
  33. Sponsored schemes 
  Whenever the Institute receives funds from any
  
  Government, the University Grants Commission or any other agency sponsoring a
  
  scheme to be executed by the Institute, notwithstanding anything in this Act,-
  (a) the amount received shall be kept by the
  
  Institute separately from the Fund of the Institute and utilized only for the
  
  purpose of the scheme;
  (b) the staff required to execute the same
  
  shall be recruited in accordance with the terms and conditions stipulated by
  
  the sponsoring organization:
  Provided  that any money remaining unutilized
  
  under clause (a) shall be transferred to the endowment fund created under
  
  section 22 of this Act.