Section 4. Subject to the provisions of the Act, the Executive Council shall have the following powers, namely

4. Subject to the provisions of the Act, the Executive Council shall have the following powers, namely :- (a) to institute, at its discretion, such Professorships, Readerships, Lectureships, or ,other teaching Powers of the Execi~tive council. 11 of `1882.` - teachiug posts as may be proposed by the Academic Council ; - (b) to abolish or suspend, after report from the Academic Council thereon, any Professorship, Readership, Lectureship, or other teaching post ; - (c) to appoint, in accordance with the Statu.tes, teachers, oficers, cle~ical staff and servants ; - (d) to delegat,e, subject to sucll oonditions as may he prescribed by Regulations made liy the Executive Council, its power to appoint teachers, officers, clerical staff and servants to such person or authority as the Executive Council may determine ; - (e) to manage and regulate the finances, acoounts, investments, property and all administrative affairs whatsoever of the University, and for that purpose, to appoint such agents as it may think fit ; - (f) to acccpt bequests, donations and transfers of nroperty to the University : Provided that a11 such bequests, donations and transfers shall be reported to the Court at its next meeting ; (g) to provide trhe buildings, premises, furniture, apparatils, equipment and other means needed for carrying on thr: w o ~ k of the University ; (h) after report fro111 the Fiiiance Committee to enter into, vary, carry out and cancel contracts 011 behalf of the University ; and (i) to invest any rrlonies belonging to the Universi ty, in clucling ally unapplied income, In ally of the securities described in section 20 of the Indian Trusts Act, 1882, or in the purchase of imliioveable prol perty in India, with the like power of varying such investments ; or to place on fixed deposit 'n any baalc approved in this behalf behalf by the Local Government any portion of such monics not required for immediate expenditure.