Power of authorities to make regulations

In the manner prescribed by the Statute, for the conduct of its affairs and the affairs of the committees constituted by such authority. Such regulations shall not be inconsistent with the provisions of this Ordinance, Statute and the ordinances of the University. All the employees of the Univeisity shall be entitled to the benefit of the providenl fund, and other beneficial scheme in accordance with such regulations as may be framed in that behalf by the Executive Council, provided that such regulation is at par with the existing legislations in respect of Provident Fund, Gratuity, Pension and other beneficial scheme