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STATUTE XVI.
Powers of the Court,
Sabject to the provisions of the Ordinance and the statutes, the Court shall have power-
(a) to recommend to the Chancellor additions to, or the amendment or repeal of any of the statutes on the proposal of the Council;
(8) Lu consider the annual budget estimates and to make representa-
tions thereon to the Council;
(e) to consider the annual accounts together with any comments that
may have been made by the auditors;
(d) to consider any reports that may be made by the Council to the
Court;
(e) to discuss any motion on general University policy that may be
introduced by a member; and
1.
to appoint life members and to prescribe the procedure for making such appointmenta.
STATUTE XVII.
The Council.
The Council shall consist of-
the Vice-Chancellor, who shall be chairman;
the Treasurer;
the Colonial Secretary;
the Dean of each Faculty:
four members appointed by the Chancellor;
three members, not being officers or teachers, elected by the Court;
Guld
one member elected by the Senatc.
The four members appointed by the Chancellor shall be appointed for a period of three years, shall be eligible for re-appointment, and inay resign by written notice addressed to the Secretary to the Council.
* The three members elected by the Court and the member elected by the Senate shall be elected for a period of three years, shall be eligible. for re-election, and may resign by written notice addressed to the Secretary Lo the Council.
4.
Council.
The Registrar shall be the Secretary but not a member of the
6. Seven numbers of the Council shall form a quorum.
6. The power of the Council may be exercised notwithstanding any vacancy in its number, but if at any time and as long as the number of members of the Council in less than ten the Council shall discontinue the exercise of its powera.
7. The Vice-Chancellor may require any officer or teacher to be presepi at a meeling of the Council
8. If any appoimed or elected member leaves the Colony and either remains absent for two months or more or gives notice of his intended absence for two months or more the appointing or electing person or body may appoint or elect, as the case may require, another person to nei að member in his place during his absence. The acting member shall vacata his office either on the return of the absent member to the Colony or of the expiry of the absent member's term of office whichever first happens.
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STATUTE XVIII.
Powers of the Council,
1. The Council shall administer the affairs of the University other than those vested by the Ordinance or the statutes in some other authority of the University or in an officer.
2.
Notwithstanding the generality of the powers vested in the Council by paragraph 1 of this statute and subject to the provisions of the Ordinance and the statutes, the Council shall have power...
(∞) to administer and manage the finances, accounts, fovestments, property, business, and all affairs whatsoever of the University, and for that purpose to appoint bankers, counsel, solicitors, and such officers of agents as it may be expedient to appointi
(b) to recommend the award of honorary degrees;
(c) to invest the moneys of the University, including any unapplied income, in such stocks, funds, fully paid-up shares of securities, mortgages, or debentures or debenture stock as the Council shall think it whether such investments be authorized by the general law for the investment of trust moneys or not, and whether such investments be within the Colony or not, And to invest such moneya in the purchase of leasehold property in the Colony, and to vary any investments by sale and re-investment or otherwise;
(d) to purchase, grant, Bell, convey, assign, surrender, and yield up, exchange, partition, mortgage, demise, reassign, transfer, and accept leases of real and personal property on behalf of the University;
(c) to provide the buildings, premises, furniture, apparatus, and other
means needed for the University;
(f) to borrow money on behalf of the University and for that purpose to mortgage all or any part of the property of the University, whether real or personal, or give such other security, whether upon such real or personal property or otherwise, as it thinks fit:
Provided that the moneya borrowed and owing by the University shall not at any time exceed in the whole the sum of one hundred thousand dollars except with the sanction of a resolu- tion passed at a meeting of the Council and confirmed by the vote of three-fourths of the members present and voting at a subsequent meeting of the Council specially convened for the purpose" and held not less than seven days after the former meeting;
() to enter into, vary, carry out, and cancel contracts on behalf of
the University;
(A) to maintaiù a University printing press and publish books and
other matter on behalf of the University:
(0) to give directions to the Senate or to any officer or teacher of the University in any financial matter or any matter affecting the property of the University:
(in consultation with the Senate to review the instruction and
teaching of the University‡
(k) to co-operate with other Universities and authorities for the regu- lation and conduct of examinations, for the examination and inspec- tion of schouls and other academic institutions, for the extension of University teaching, and for other purposes;
(1) to entertain and Adjudicate upon complaints from, and to redress grievances of members of the University and persons employed therein;