A uniform accounting system for university endowment funds accounting matters shall be formulated by the Ministry of Education and provided to each national university to use as the basis to formulate and implement its own performance-oriented accounting principles, based on its specific academic research and teaching profile.

Annual budget preparation and implementation, and compilation of final accounts for university endowment funds shall be undertaken in accordance with the provisions of the Budget Act, the Accounting Act, the Financial Statement Act, the Audit Act, and their related ordinances. Self-generated income of a university endowment fund from the sources specified in Article 3, Paragraph 1, Subparagraph 2 is not subject to this restriction.
Each national university shall independently formulate regulations governing the revenue and expenditure management of the self-generated income referred to in the preceding paragraph, and this management shall be supervised by the Ministry of Education in accordance with the regulations referred to in Article 9, Paragraph 2.

If a national university acquires donated property and/or assets, except when the property and/or asset donation has some encumbrance in the category subject to the provisions of Article 29, Paragraph 2 of the Regulations for the Enforcement of National Property Act, the university that receives the donation shall be the administrative authority, and the Ministry of Education the competent authority, and this is not subject to the procedural requirements set out in Article 37 of the National Property Act.

A legally incorporated foundation established by a national university in its name which explicitly states in its donation by-laws that the university president or administrative director(s) of the university are ex-officio members of its board shall regularly submit financial statements and board meeting minutes to the management committee. When necessary, the management committee may invite the university’s president or administrative director(s) who are ex-officio board members of the legally incorporated foundation to attend a management committee meeting in a non-voting capacity and give a report.
A national university is not permitted to use the legally incorporated foundation referred to in the preceding paragraph to enter contracts to undertake research projects or academia-industry cooperation projects commissioned by a public or private institution (organization).