No Ordinance or amendment to any Ordinance including repeal of an Ordinance which involves expenditure shall be valid or come into force unless assented by the Chancellor.

Regulations Regulations.—Subject to the provisions of this Act, Statutes and the Ordinances, the Academic Council may make Regulations providing for all or any of the following matters, namely:- 1. the courses of studies and the conduct of examinations; 2. the admission of students to the various courses of study and to the examinations; 3. the qualifications of teachers; 4. the appointment and prescription of duties of the Boards of Studies and Examiners; 5. recognition of examinations, degrees and diplomas of other Universities as equivalent to the examinations, degrees and diplomas of the University; and 6. all other matters which under the provisions of this Act, the Statutes and the Ordinances are to be, or may be, prescribed by Regulations.