3.—(1) The Institution is specified as competent to grant all degrees, diplomas, certificates or other academic awards or distinctions as may be granted in pursuance of section 48(2) and (3) of the Act.
(2) The power conferred by paragraph (1) is in addition to any other power of the Institution to grant degrees, diplomas, certificates and other academic awards and distinctions.
(3) The date specified for the purpose of section 48(2)(a) of the Act is 1st September 2008.
(4) If the name of the Institution is changed the competence to grant any of the degrees, diplomas, certificates or other academic awards or distinctions specified in paragraph (1) shall continue to apply to the Institution as re named.