law: 26. Statutes.
  Subject to the provisions of this Act, the Statutes may provide for all or any of the following matters, namely:
  (a) the conferment of honorary degrees;
  (b) the formation of departments of teaching;
  (c) the fees to be charged for courses of study in the Institute and for admission to the examinations of degree and diplomas of the Institute;
  (d) the institution of fellowships, scholarships, exhibitions, medals and prizes;
  (e) the term of office and the method of appointment of officers of the Institute;
  (f) the qualifications of teachers of the Institute;
  (g) the classification, the method of appointment and the determination of the terms and conditions of service of, teachers and other staff of the Institute;
  (h) the constitution of pension, insurance and provident funds for the benefit of the officers, teachers and other staff of the Institute;
  (i) the constitution, powers and duties of the authorities of the Institute;
  (j) the establishment and maintenance of halls and hostels;
  (k) the conditions of residence of students of the Institute and the levying of fees for residence in the halls and hostels and of other charges;
  (l) the manner of filling vacancies among members of the Board;
  (m) the allowances to be paid to the Chairman and members of the Board;
  (n) the authentication of the orders and decisions of the Board;
  (o) the meetings of the Board, the Senate, or any Committee, the quorum at such meetings and the procedure to be followed in the conduct of their business;
  (p) any other matter which by this Act is to be or may be prescribed by the Statutes.