PART TEN

FINANCIAL PROVISIONS

 

Sources of Income

ARTICLE 55

Sources of income of governing bodies of higher education, higher education institutions and the units attached to them are:

  1. Annual budgetary allocations,
  2. Aids from institutions,
  3. Fees and payments received,
  4. Income from publications and sales,
  5. Income from movable and immovable property,
  6. Profits from the enterprises of the revolving fund,
  7. Donations, bequests and sundry.