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(2) No Ordinance concerning academic matters shall be made, amended or repealed by the Board of Management unless a draft thereof has been proposed by the Academic Council.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