The Government of Haryana on April 27, 2023, issued the Haryana School Education (Amendment) Act, 2023 further to amend the Haryana School Education Act, 1995.
The following amendments have been stated:
For section 17, the following section has been substituted, namely: -
“17. School funds. - (1) In every recognized school, there shall be a fund, to be called the School Fund which shall include the following: -
(a) fee;
(b) any charges and payments which may be realized by the school for other specified purposes; and
(c) any other contributions, endowments, gifts, and the like.
(2) (a) Income derived by recognized schools by way of fees shall be utilized only for such educational purposes, as may be prescribed; and
(b) charges and payments realized and all other contributions, endowments, and gifts received by the school shall be utilized only for the specific purpose for which they were realized or received. The unspecified gifts shall also be used for academic purposes. (3) The Managing Committee of every recognized school shall file every year with the Director such duly audited financial and other returns as may be prescribed and every such return shall be audited by such authority, as may be prescribed.”.
[Notification No. Leg. 18/2023]
