Subject to the provisions of this Act, the Statutes may provide for all or any of the matters considered necessary by the Board for functioning of the Academy within the framework of this Act, including the following matters, namely:--
         (a) the conferment of degrees and diplomas;
         (b) the constitution, powers and functions of the Board of Studies;
         (c) the tuition fee and other fees to be charged;
         (d) the institution of fellowships, scholarships, medals and prizes;
         (e) the term of office and the method of appointment of officers of the Academy;
         (f) the qualification of Faculty of the Academy (other than the scientists of the Council of Scientific and Industrial Research engaged in the service of the Academy), officers and other staff of Academy:
         Provided that the scientists of the Council of Scientific and Industrial Research engaged in the service of the Academy shall be governed by the qualifications specified by the Council and nothing contained in this Act shall be construed to disqualify them from undertaking the service of the Academy or engaging them as Faculty of the Academy;
         (g) the classification, the method of appointment and the determination of the terms and conditions of service of Faculty, officers and other staff of the Academy;
         (h) the provision of insurance fund, provident fund and other retirement benefits, for the benefit of the Faculty, officers and other staff of the Academy;
         (i) the constitution, powers and duties of authorities of the Academy;
         (j) the establishment and maintenance of hostels;
         (k) the conditions of residence of students of the Academy and the levying of fees for residence in the hostels and of other charges;
         (l) the allowances to be paid to the Chairperson and other members of the Board and any committee constituted by the Academy;
         (m) 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;
         (n) any other matter which may be required or necessary for the purposes of this Act.