Powers of the Court3.

(1)

The Court shall carry out the objects of the University and shall have all powers necessary to carry out those objects, which powers shall be exercised by the Court on behalf of and in the name of the University either in the Court’s sole capacity or with others.

(2)

Those powers shall include (without imposing any limitation on those powers) power to–

(a)

admit students to, and manage all aspects of their education at and relationship with, the University;

(b)

establish a Senate to discharge functions delegated to it by the Court in accordance with article 14 relating to–

(i)

the academic work of the University;

(ii)

conferring on any person higher and other education awards including degrees, diplomas, certificates and other academic awards or distinctions and honorary degrees; and

(iii)

depriving the recipient of an award (referred to in paragraph (2)(b)(ii)) of that award;

(c)

create and maintain fellowships, scholarships, studentships and other prizes;

(d)

create and maintain codes of conduct and regulations required for the maintenance of standards and good order within the University;

(e)

enter into contracts;

(f)

form and maintain arrangements with any person;

(g)

acquire, hold or dispose of any legal entity or business;

(h)

acquire, hold and dispose of any of the undertakings, rights, assets or liabilities of the University;

(i)

charge fees for any service provided by the University;

(j)

buy, hold, lease, construct and sell any heritable or moveable property (including stocks, shares, loans and intellectual property rights) and to borrow and to give or take security of all types;

(k)

invest University monies and assets as it sees fit;

(l)

approve student bodies or entities or associations;

(m)

create and own intellectual property or any discovery or invention of any type and to exploit these commercially;

(n)

establish and maintain an alumni association;

(o)

employ staff;

(p)

make pension arrangements for staff and to provide benefits to staff, their spouses, partners, dependents and others; and

(q)

exercise the organisational functions listed in article 4(9).