5. powers of the University

acquire by way of purchase or otherwise both movable and immovable property and to take, accept and hold any such property which may become vested in it by virtue of such purchase or otherwise:

exercise, perform and discharge such powers, functions and duties as are conferred or imposed on or assigned to the University by this Act;

admit students in keeping with the admission criteria for different categories of candidates along with an aptitude test as recommended by the Admission,

recognize examinations and duration of study programmes of any University established or deemed to be established under the Universities

conduct programmes of studies and training programmes relating to fisheries and Ocean sciences, maritime technology and allied fields;

hold examinations in the programmes specified in paragraph (e) and assess the performance of such students;

grant and confer degrees and other academic distinctions in conformity with any Statute enacted for such purpose;

establish institutions for vocational training in related fields including the National institute of

establish centers and campuses of the University on a provincial and Regional basis;

charge fees or any other payments for the courses of study and training programmes conducted by the

charge fees for any extension services provided to the public or any institution, as the case may be, and disburse the income so generated for the attainment of the objects of the University in such manner as shall be prescribed by Ordinance;

undertake advisory, consultancy and any income generating functions and disburse the proceeds thereof for the development of any scheme approved by the Board of Governors of the University;

establish any committee or sub-committee including an Audit and Management Committee as may be necessary to carry out the functions of the University;

invest any fund not immediately required for the purposes of the University in such manner as the

co-operate by way of exchange of teachers, students and scholars with other institutions in or outside

make arrangements for the conduct of examinations for persons in the affiliated institutions and also to enable the persons who do not receive instructions at the University to obtain degrees, diplomas and certificates from the University and to determine the courses of instruction for such examinations;

provide facilities for higher education to persons employed by the University;

make opportunities available to the staff and students of the University for research and thereby for the advancement and dissemination of knowledge;

confer honorary degrees or other distinctions on persons approved by the Academic Council and the Board of Governors of the University, in conformity with any Statute made for the purpose;

award fellowships, scholarships, bursaries, medals and other prizes in conformity with any Statutes made for the purpose;

introduce Senior Professorships, Professorships,

establish and maintain libraries, laboratories and other buildings for instructional purposes as may be necessary for the purposes of this Act;

appoint, employ, remunerate and exercise disciplinary control and power of dismissal over such officers and servants as may be necessary for the purpose of achievement of the objects under this Act;

establish and regulate provident fund schemes or pension schemes for the benefit of the officers and servants of the University and make contributions to any such scheme;

open, operate and close bank accounts in any bank or banks approved by the Central Bank of Sri Lanka;

do all such other acts or things as may be necessary for the attainment of the objects of this Act.