Subject to the provisions of this Act, the Statutes may provide for all or any of the following matters, namely:—
- the conferment of honorary degrees;
- the formation of departments of teaching:
- the fees to be charged for courses of study in the Institute and for admission to the examinations of degrees and diplomas of the Institute;
- the institution of fellowships, scholarships, exhibitions, medals and prizes.
- the term of office and the method of appointment of officers of the institute;
- the qualifications of teachers of the Institute;
- the classification, the method of appointment and the determination of the terms and conditions of service of teachers and other staff of the Institute;
- the constitution of pension, insurance and provident funds for the benefit of the officers, teachers and other staff of the Institute;
- the constitution, powers and duties of the authorities of the Institute;
- the establishment and maintenance of halls and hostels;
- the conditions of residence of students of the Institute and the levying of fees for residence in the halls and hostels and of other charges;
- the allowances to be paid to the Chairperson and members of the Board;
- the authentication of the orders and decisions of the Board; and
- the meetings of the Board, the Senate, or any Committee, the quorum at such meetings and the procedure to be followed in the conduct of their business.