With a view to promoting the objects specified in section 7, the Institute may, subject to the provisions of this Act,---
(a) function as a referral hospital,
(b) provide for post-graduate teaching and conduct of research in the relevant disciplines of modern medicine and other allied sciences, including inter-disciplinary fields of physical and biological sciences;
(c) conduct experiments in new methods of medical education, in order to arrive at satisfactory standards of such education;
(d) prescribe courses and curricula for post-graduate studies;
(e) give training to teachers for imparting medical education;
(f) hold examinations and grant such degrees, diplomas or other academic distinctions and titles in post-graduate medical education as may be laid down in the regulations;
(g) receive grants from the Government and gifts, donations, benefactions, bequests and transfers of properties, both movable and immovable, from donors, benefactors, testators or transferors, as the case may be;
(h) deal with property belonging to, or vested in, the Institute in any manner which is considered necessary for promoting the objects specified in section 7;
(i) demand and receive such fees as may be laid down in the regulations;
(j) co-operate with other Institutions in conduct of research and higher education in medical field;
(k) take decisions on questions of policy relating to the administration of the affairs and working of the Institute;
(l) may cause to be employed in accordance with this Act such officers, teachers and other employees as are necessary for carrying out the functions of the Institute;
(m) do all such other acts and things as may be necessary to further the objects of the Institute.