(1) The ordinances may be made by the Executive Council in the manner hereinafter provided.
(2) While making the ordinances, the Executive Council shall consult the following, namely:-
(i) the Boards of studies concerned, when such ordinances affect the duties of examiners; and
(ii) the Academic Council, when such ordinances affect the courses of study, semester scheme or credit system, conduct or the standard of examinations or the conditions of residence of students.
(3) The Executive Council shall not have power to amend the draft of any ordinance proposed by the Academic Council, but it may reject the proposal or return the draft to the Academic Council for reconsideration, either in whole or in part together with such amendments as the Executive Council may suggest.
(4) All ordinances made by the Executive Council shall have effect from such date as it may direct. All ordinances shall come into force only prospectively:
Provided that, in the case of an ordinance containing a proposal which has financial implications the University shall obtain the approval of the Chancellor.
(5) Where the Executive Council has rejected the draft of an ordinance proposed by the Academic Council, the Academic Council may appeal to the Chancellor.
(6) The Chancellor may, after obtaining the comments of the Executive Council, either reject the appeal or approve the ordinance as proposed by the Academic Council. Thereupon the ordinance shall have effect as if made by the Executive Council.
(7) The first ordinance shall be made by the Vice Chancellor with the previous approval of the Executive Council and the ordinance so made may also be amended, repealed or added at any time by the Executive Council in the manner provided for in the statutes.