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THE FOOTWEAR DESIGN AND DEVELOPMENT INSTITUTE ACT, 2017 · THE INSTITUTE

Section 22 — Setting up of endowment fund

Notwithstanding anything contained in section 21, the Central Government may direct the Institute to—
(a)set-up an endowment fund and any other fund for specified purpose; and
(b)transfer money from its Fund to endowment fund or any other fund.