UNIVERSITY.
No. 10 of 1911.
1193
(2) A contract made according to this section shall be effectual in law and shall bind the University and its successors and all other parties thereto.
(3) A contract made according to this section may be varied or discharged in the same manner in which it is authorized by this section to be made.
(4) Instruments under seal made on behalf of the University, sealed with the common seal of the University, signed by the Chancellor, Vice-Chancellor or Treasurer and countersigned by the Registrar, shall be deemed to be duly executed.
8. No dividend or bonus shall be paid and no gift or division of money shall be made by or on behalf of the University to or among any of its members except by way of prize, reward or special grant.
9.-(1) There shall be a Court, a Council and a Senate, whose respective constitutions, powers and duties shall be as prescribed by this Ordinance and the statutes.
(2) The Court shall be the supreme governing body of the University and, subject to the provisions of this Ordinance and the statutes, shall have the general direction of the University, its functions, property and affairs.
(3) The Council shall be the executive body of the University, and shall have the custody and use of the University seal; subject to the provisions of this Ordinance and the statutes, it shall administer the property and manage the affairs of the University.
(4) Subject to the provisions of this Ordinance and the statutes and to the financial control of the Council, the Senate shall have the regulation of all matters relating to education in the University.
(5) Subject to the provisions of sections 7 and 12, the Court may, if it thinks fit, revoke any decision of the Council or of the Senate.
(6) No act or resolution of the Court, the Council or the Senate shall be invalid by reason only of any vacancy in, or any want of qualification by or invalidity in the election or appointment of any member of, any such body.
UNIVERSITY.
No. 10 of 1911.
1193
(2) A contract made according to this section shall be effectual in law and shall bind the University and its successors and all other parties thereto.
(3) A contract made according to this section may be varied or discharged in the same manner in which it is authorized by this section to be made.
(4) Instruments under seal made on behalf of the Univer- sity, sealed with the common seal of the University, signed by the Chancellor, Vice-Chancellor or Treasurer and countersigned by the Registrar, shall be deemed to be duly executed.
8. No dividend or bonus shall be paid and no gift or Dividends . division of money shall be made by or on behalf of the University prohibited.
to or among any of its members except by way of prize, reward or special grant.
9.-(1) There shall be a Court, a Council and a Senate, whose respective constitutions, powers and duties shall be as prescribed by this Ordinance and the statutes.
Court,
Council and Senate, their constitu- tions, powers
(2) The Court shall be the supreme governing body of the and duties. University and, subject to the provisions of this Ordinance and the statutes, shall have the general direction of the University, its functions, property and affairs.
(3) The Council shall be the executive body of the Univer- sity, and shall have the custody and use of the University seal; subject to the provisions of this Ordinance and the statutes, it shall administer the property and manage the affairs of the University.
(4) Subject to the provisions of this Ordinance and the statutes and to the financial control of the Council, the Senate shall have the regulation of all matters relating to education in the University.
(5) Subject to the provisions of sections 7 and 12, the Court may, if it thinks fit, revoke any decision of the Council or of the Senate.
(6) No act or resolution of the Court, the Council or the Senate shall be invalid by reason only of any vacancy in, or any want of qualification by or invalidity in the election or appoint- ment of any member of, any such body.
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