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The following shall be the authorities of the University, namely :- ( 1 ) The Board of Management; ( 2 ) The Academic Council; ( 3 ) The Planning Board; ( 4 ) The Finance Committee; 1 [( 4A ) The Board of Examinations; ( 4B ) The Board of University Teaching and Research;] ( 5 ) Such other authorities as may be declared by the Statutes to be the authorities of the University.