(1) The Board of Governance may, from time to time, make new or additional Ordinances or may amend or repeal the Ordinances in the manner hereinafter provided.
(2) No Ordinances concerning academic matters shall be made, amended or repealed by the Board of Governance unless a draft thereof has been proposed by the Academic Council.
(3) All Ordinances made by the Board of Governance shall have effect from the date of the meeting or from such date as it may direct, but every Ordinances so made shall be submitted to the Chancellor within two weeks from the date of the Board of Governance meeting. The Chancellor shall have the power to direct the Board of Governance, within four weeks of the receipt of the Ordinances, to suspend its operation, and he shall, as soon as possible, inform the Board of Governance of his objection to it. He may, after receiving the comments of the Board of Governance either withdraw the order suspending the Ordinances or disallow the Ordinances, and his decision thereon shall be final.