31. Statutes
Subject to the provisions of this Act, the Statutes may provide for all or any of the following matters, namely:—
the formation of departments of teaching;
the institution of fellowships, scholarships, exhibitions, medals and prizes;
the terms of office and the method of appointment of officers of the Institute;
the qualifications of teachers of the Institute;
the classification, method of appointment and the determination of the terms and conditions of service of teachers and other staff of the Institute;
the constitution of pension, insurance and provident funds for the benefit of the officers, teachers and other staff of the Institute as per the provisions existing from time to time;
the constitution, powers and duties of the authorities of the Institute;
the establishment and maintenance of halls and hostels;
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;
the allowances to be paid to the Chairperson and members of the Board;
the authentication of the orders and decisions of the Board;
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; and
any other matter as may be considered necessary for the efficient functioning of the Institute.