Institute For Advanced Studies Act, 1940

Power to charge fees.

26.—(1) The Institute shall have power to charge, receive, and recover fees for the admission of students to participate in any course of advanced study or research in a Constituent School.

(2) The amounts of the fees to be charged under this section in respect of any course shall be fixed by the Council after consultation with the Governing Board of the Constituent School in which such course is to be taken.

(3) Fees paid under this section in respect of any course shall be paid to the Council and shall be applied by the Council for the purposes of the Constituent School in which such course is taken.