Section 5: Powers of the Council.

(1) The Council shall have power to :
(a) formulate the general policies and rules relating to the administration of the Institute ;
(b) supervise the management of the affairs of the Institute ;
(c) subject to the provisions of this Act, make, alter and revoke rules and regulations for carrying on the functions of the Institute ; and
(d) do such other things which in the opinion of the Council are necessary to ensure the efficient performance of the functions of the Institute.