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13.—(1) The governing body of each central institution shall make arrangements to secure that such of their functions as are specified in paragraph (2) of this regulation shall be discharged on their behalf by the principal of the institution.
(2) In pursuance of arrangements made under paragraph (1) of this regulation the principal of a central institution shall discharge the functions of the governing body (other than those delegated to the academic council of the institution by virtue of regulation 18(4) of these Regulations) relating to the organisation and management of the institution and to the discipline therein.
(3) In discharging the functions specified in paragraph (2) of this regulation, the principal of the institution shall be subject to the general control and direction of the governing body but otherwise the principal shall have all the powers and duties of the governing body in relation to those functions.
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