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10. To make Regulations subject to the veto of of the Court, in regard to any mattors in respect of which Regulations are authorised to be made, except that in matters referring to Courses of Study, Degrees or Diplomas and Affiliation of Colleges or Recognition of Teachers, Regulations shall be submitted by the Senate to the Council which shall forward them to the Court for confirmation with such amendments as they may suggest.
All Regulations made under this sub- section shall be operative from the date on which they are made pending the necessary confirmation by the Court.
11. To exercise all such powers as are conferred on the Council by the Ordinance and Statutes and to carry the Ordinance, Statutes and Regulations into effect.
12. To govern manage and regulate the finances, accounts, investments, property, business and all affairs whatsoever of the University and for that purpose to appoint Bankers, Counsel, Solicitors and any other officers or agents whom it may seem expedient to appoint.
13. To invest any moneys belonging to
the
University, including any unapplied in- come, in such stocks, funds, fully paid shares or seenrities, mortgages, debentures or debenture stock as the Council shall from time to time think fit, whether authorised by the general law for the investment of trust moneys or not, and whether within the Colony of Hongkong or not, or in the purchase of leasehold property in the Colony, with the like power of varying such investments from time to time by sale and re-investment or otherwise. 14. To purchase, grant, sell, 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.
15. To provide the buildings, premises, furniture and apparatus and other means needed for carrying on the work of the University, and to allocate such buildings, premises, to the furniture, apparatus and means different faculties with power to alter such allocation at any time.
16. To borrow money on behalf of the University and for the purpose (if the Council think fit) to mortgage all or any part of the pro- perty of the University whether real or personal or give such other security whether upon such real or personal property or otherwise as the Council think fit, provided that the moneys borrowed and owing by the University shall not at any time exceed in the whole the sum of $100,000 except. with the sanction of a Resolution passed at one 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.
17. To enter into, vary, carry out, and cancel contracts on behalf of the University,
18. To review the Instruction and Teaching of
the University.
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