(1) The Board may, by notification, make Regulations not inconsistent with this Act and the rules made thereunder to carry out the provisions of this Act.
(2) In particular and without prejudice to the generality of the foregoing power, such regulations may provide for all or any of the following matters, namely: -
(a) tenure, remuneration and terms and conditions of employees of the existing UVCE;
(b) admission of candidates to the various courses of study;
(c) the conferment of honorary degrees;
(d) the number of posts, emoluments and the duties and conditions of service of the academic, administrative, technical and other staff;
(e) determine performance objectives on the basis of which variable pay may be paid to the Director;
(f) to specify by Regulations, the fees to be charged for course of study and examinations in the University;
(g) the manner of formation of Departments of teaching;
(h) the institution of fellowships, scholarships, exhibitions, medals and prizes;
(i) the qualifications, classification, terms of office and method of appointment of the academic, administrative, technical and other staff of the University;
(j) the constitution of pension, insurance and provident funds for the benefit of the academic, administrative, technical and other staff;
(k) the establishment and maintenance of buildings;
(l) the conditions of residence of students of the University and levying of fees for residence in the halls and hostels and of other charges;
(m) the manner of authentication of the orders and decisions of the Board;
(n) the meetings of the Board, the Academic Senate or any Committee, the quorum at such meetings and the procedure to be followed in the conduct of their business;
(o) the financial accountability of the University;
(p) delegation of such powers and functions of the Board to the Director;
(q) the qualifications, experience and the manner of selection of the independent agency or group of expert under sub-section (6) of section (10);
(r) allowances of the members of the Board for attending meetings;
(s) such other powers and functions of the Academic Senate;
(t) the powers and duties of the Director;
(u) constitution of such committees and other authorities of the University and their duties and functions;
(v) the manner of depositing or investing the moneys credited to the Fund of the University;
(w) the manner of application of the Fund of the University;
(x) qualifications and process of selection of the Registrar;
(y) qualifications and process of selection of the Finance Officer;
(z) rules governing the enquiry to be conducted against any member of Board of Governors or Director; and
(aa) any other matter which is to be or may be, specified by Regulations.