Section 35-B

35-B. Certain restrictions in respect of financial matters The University
shall not divert earmarked funds for other purposes, or revise the scales of pay
of its staff or implement any scheme which involves any matching contribution
from the Government or which impose a recurring liability on the Government,
after the assistance from the sponsoring authority ceases without the prior
written approval of the Government:
Provided that the Finance Committee may authorise the creation and
filling up of posts of teachers for a period not exceeding one year, but any
such post shall not be continued or created afresh for any period beyond the
said period of one year without the prior written approval of the Government."]