Section 6

All moneys paid to the University under subsection (1)

shall be applied or expended by the University for all or any of the purposes of the University in accordance with the estimates approved under Part V of the Constitution:

Provided that any such moneys appropriated to and not applied for the purpose of the annually recurrent expenditure of the

University may, at the discretion of the University, be applied to capital expenditure.

A copy of the accounts of the University for each financial year when prepared and audited in accordance with the Constitution shall, as soon as practicable after the completion of the audit, be sent to the Minister.

Acquisition of land for purposes of the University