Approval under section 35(1)(ii) for research funding requires separate accounts, audited reports and certified donation statements to comply. Approval under section 35(1)(ii) is granted to the Institute in the category of other institutions partly engaged in research, effective 1 April 2007, subject to conditions: sums must be used for scientific research carried out by faculty or enrolled students; separate books of account for research receipts and expenditures must be maintained and audited by a qualified accountant with the audit report furnished to the tax authority by the income-tax return due date; and a certified statement of donations and amounts applied for research must accompany the audit report. Approval may be withdrawn for specified failures or non-genuine research activities.