(1) The Council shall, as soon as may be, constitute an Executive Committee consisting of the President as ex-offico member and such other members, elected by the Council from amongst its members, as may be prescribed.
(2) The term of office and the manner of filling casual vacancies and the procedure to be followed by the members of the Executive Committee shall be such, as may be prescribed.
(3) In addition to the powers, duties and functions conferred, imposed and entrusted by this Act, the Executive Committee shall exercise such powers, perform such duties, and discharge such functions of the Council, as may be entrusted to it from time to time, by the Council.
(4) The President shall be the ex-offico Chairman of the Executive Committee.