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THE HONG KONG GOVERNMENT GAZETTE, AUGUST 25, 1939.
5. The ex officio members shall continue members so long only as they hold the office in virtue of which they became members of the Court.
6. The nominated members shall hold office for three years at a time and shall be eligible for reappointment.
7. If any nominated member leaves the Colony and either remains absent for three months or more or gives notice of his intended absence for three months or more, the Governor may appoint another person to act as member in his place during his absence. The acting member shall vacate his office either on the return of the absent member to the Colony or on the expiry of the absent member's term of office, whichever first happens.
Statute 8.
Meetings of the Court.
1. The Court shall meet in the first term and again in the second term of each academic year, and at such other times as may be
necessary.
2. The Chancellor shall be the president and the Vice-Chancellor the vice-president of the Court.
3. The Chancellor may convene a meeting of the Court at any time.
4. Twenty members of the Court shall form a quorum.
5. The budget of the University shall be submitted to the Court at a meeting held in the first term and the accounts at a meeting held in the second term of each academic year.
Statute 9.
Powers of the Court.
Subject to the provisions of the Ordinance and the statutes, the Court shall have power-
(1) to establish degrees, diplomas, certificates and other academic distinctions;
(2) to provide for instruction in such branches of learning as it may think fit and to make provision for research and for the increase and dissemination of knowledge;
(3) to determine whether and on what conditions any proposal for the incorporation of any other institution in the University may be made or accepted;
(4) to affiliate other institutions or to admit the members thereof to any privilege of the University;
(5) to institute, suspend and abolish professorships, readerships, lectureships and other teaching posts in the University;
(6) to institute, suspend and abolish fellowships, scholarships, exhibitions, bursaries and other educational endowments and prizes;
(7) to prescribe the duties of all officers whom it may appoint and to fix their remuneration and the terms and conditions of their appointments;
(8) to appoint committees within or without the Colony to select candidates for any office to which it may appoint;