Section 42(1)

The University shall also establish a development fund to which the following funds shall be credited, namely:
(a) Development fees which may be charged from students;
(b) All sums received from any other source for the purpose of the development of the University;
(c) All contributions made by the Sponsor
(d) All contributions/ donations made in this behalf by any other person or body which are not prohibited by any law for the time being in force;
(e) All incomes received from the endowment fund.