The University of Oxford may make statutes for the regulation of the professorships specified in the schedule annexed hereto in respect of the following matters; that is to say:—
1.The functions and duties of each of the professors holding the said professorships:
2.The fees, if any, to be charged for admittance to the lectures of each professor:
3.The determination of the periods during which each professor is to reside in the University; the authority in whom a power of granting leave of absence is to be vested; and the mode of enforcing the required residence:
4.The appointment of a temporary substitute for each professor in case of his illness or temporary absence with leave, and of a permanent substitute in case of his being permanently incapacitated by old age or infirmity:
5.The remuneration of any such temporary or permanent subsitute out of the income of the professor in whose place he is substituted:
6.The constitution of a court or other authority empowered to admonish and, if necessary, remove a professor guilty of notable negligence or inefficiency in conducting the duties of his office, or of immorality.