law: National Institute of Pharmaceutical Education and Research Act, 1998
  21. Fund of Institute 
  (1) The Institute shall maintain a Fund to
  
  which shall be credited-
  (a) all moneys
  
  provided by the Central Government;
  (b) all fees and other
  
  charges;
  (c) all
  
  moneys-received by the Institute by way of grants, gifts, donations,
  
  benefactions, bequests or transfers; and
  (d) all moneys
  
  received by the Institute in any other manner or from any other source.
  (2) All moneys credited to the Fund shall be
  
  deposited in such banks or invested in such manner as the Institute may, with
  
  the approval of the Central Government, decide.
  (3) The Fund shall be applied towards meeting
  
  the expenses of the Institute including expenses incurred in the exercise of
  
  its powers and discharge of its duties under this Act.