Amendment status not verified — confirm the current text below against the official source.
Powers of the Sponsoring Body.- The Sponsoring Body shall have the following powers with reference to the University, each of which may be exercised by the Sponsoring Body as provided for in this Act, namely:- (i) to appoint or re-appoint or terminate the appointment of the Chancellor; (ii) to appoint or re-appoint or terminate the appointment of the Pro- Chancellor; (iii) to constitute the first Board of Governors; (iv) to nominate the first chairperson of the Board of Governors; (v) to nominate three persons of whom one shall be a woman and one shall be an external to the Body; (vi) to nominate two persons as members of the Board of Management; (vii) to determine the source of funds to be contributed to the University Endowment Fund; (viii) to determine the application and spending of moneys by the University; and (ix) to resolve any conflict at the meeting of the Board of Governors in the manner provided for in this Act. CHAPTER - III OFFICERS OF THE UNIVERSITY