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carrying on the central activities of the University as defined in Statute 25;

(A to receive from the Boards of Governors of the several Colleges estimates of the capital funds re- quired to enable the Colleges to provide buildings. libraries, laboratories, premises, furniture, apparatus and other equipment needed for carrying out the work of the Colleges and University, and to approve the same with such amendments as the Council decms

necessary;

() in consultation with the Senate to encourage and provide for research by members of the University; (k) to review the instruction and teaching in courses of study leading to degrees, diplomas, certificates and other awards of the University:

( after consultation with the Senate, to institute pro- fessorships, readerships and senior lectureships and. with the consent of the Board of Governors of the College concerned, to assign thereto any such pro- fessorship, readership or senior lectureship;

(m) to be administered or cause to administer a Super- annuation Fund or Funds for the benefit of persons employed by both the University and the College; (n) to establish Boards of Advisers and to appoint external experts thereto on the recommendation of the Senate:

(0) to appoint on such terms and conditions as the Council may determine each professor, reader and senior lecturer and the Librarian and the Registrar on the recommendation of duly constituted Boards of Advisers:

(p) to make, on such terms and conditions as the Council may determine, such other University appointments as the Council deems necessary;

(q) on the recommendation of the Senate to designate an Appointed Teacher in each subject as Director of University Studies in that subject;

(r) to appoint external examiners on the recommenda-

tion of the Senate:

(s) to provide for the printing and publication of works

which may be issued by the University; and

(f) to consider reports from the Senate, and if the Council deems it proper to do so, to take action thereon.

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6. The Council shall meet at least three times in each academic year and additionally on the written request of the Chairman of the Council or the Vice-Chancellor or any five members of the Council.

7. Seven days' notice in writing of any meeting of the Council shall be sent by the Registrar to each person entitled to receive notice of the meeting with the agenda thereof, and no business not included in the agenda shall be transacted if the Chairman or any two members present object.

8. The Council may make for the proper conduct of its business Standing Orders which it may amend or rescind by simple majority at any of its meetings provided that not less than seven days' notice has been given in writing by the Registrar to members of the Council of the proposal so to amend or rescind.

9. The quorum at any meeting of the Council shall be ten.

STATUTE 10.

FINANCIAL PROCEDURE.

1. The Council shall fix the financial year.

2. The Council shall appoint a Finance Committee, to which persons who are not members of the Council may be appoint- ed, and all matters within the jurisdiction of the Council which have important financial implications shall stand referred to the Finance Committee.

3. The Finance Committee shall submit to the Council, before the beginning of the financial year, draft estimates of income and expenditure of the Colleges and of all other activities of the University and such estimates, amended as the Council may think fit. shall be approved by the Council before the beginning of the financial year.

4. The Council may revise the estimates during the course of

the financial year.

5. The estimates shall show the income and expenditure of the University and the estimated surplus or deficit for the year. The estimated expenditure shall be shown under votes, heads and sub-beads. Any variation of the amount of any vote, head or sub-head shall require the sanction of the Council. Any transfer between votes shall require the sanction of the Council. Any transfer between heads shall require the sanc- tion of the Finance Committee. Any transfer between sub-