Calendar 2019-20

262 Part 7 • University Ordinance, Regulations and Rules Part 7 7. The Council shall elect from among its members a Vice-Chairman who shall hold office for a period of 2 years and who may be re-elected. 8. Subject to the Ordinance and the Statutes and without derogating from the generality of its power, it is specifically prescribed— (1) that the Council shall have the power— (a) to make Statutes, provided that no Statute shall be made until the Senate shall have had an opportunity of reporting thereon to the Council; (b) to make decrees for any purpose for which decrees are or may be authorized to be made, provided that no decree shall be made until the Senate shall have had an opportunity of reporting thereon to the Council; (c) to invest any money belonging to the University; (d) to borrow money on behalf of the University; (e) to sell, buy, exchange, lease or accept leases of any real or personal property on behalf of the University; (f) to enter into, vary, perform and cancel contracts on behalf of the University; (g) in relation to the original Colleges and Shaw College, to require the Board of Trustees of each College annually to produce its audited accounts in such form and at such time as the Council may determine; (18 of 2007 s. 5) (h) to receive from public sources grants for capital and recurrent expenditure; (i) to receive annually and for such longer periods as the Council may determine from time to time from the Vice-Chancellor, after he has consulted the Senate, and to approve, estimates of expenditure; (j) to receive gifts and to approve, subject to such conditions as the Council thinks fit, the receipt of gifts by the Colleges; (k) to provide for the welfare of persons employed by the University and the wives, widows and dependants of such persons, including the payment of money, pensions, or other payments and to subscribe to benevolent and other funds for the benefit of such persons; (l) to provide for the discipline and welfare of students; (m) to recommend the award of degrees honoris causa ; (n) after report from the Senate to establish additional Faculties, Departments or Schools of Studies or to abolish, combine or subdivide any Faculty, Department or School of Studies; (L.N. 452 of 1994; L.N. 174 of 2010) (na) on the recommendation of the Senate, to determine the organization or structure of each Faculty and its Departments and each School of Studies and to make such alterations to such organization or structure as deemed fit by the Council; (L.N. 452 of 1994; L.N. 174 of 2010) (o) to prescribe fees of the University; (2) that it shall be the duty of the Council— (a) to appoint bankers, auditors and any other agents whom it deems expedient to appoint;