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18. Grants-in-aid

(1)

The Minister shall cause to be paid to the Universiti such moneys as may be provided by the Ministry of Finance and Economy from time to time as grants-in-aid to the Universiti.

(2)

All moneys paid to the Universiti under subsection (1) may be applied or expended by the Universiti for the attainment of all or any of the objectives of the Universiti.

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