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4.—(1) There shall be an Academic Board of no more than 30 members, comprising the Principal (who shall be Chairman) and such other numbers of staff and students as may from time to time be approved by the Corporation. The Principal may nominate a Deputy Chairman from among the members of the Academic Board to take the chair in his place. The period of appointment of members and the selection or election arrangements shall be subject to the approval of the Corporation.
(2) The Academic Board may establish such committees as it considers necessary for the purpose of enabling it to carry out its responsibilities provided that each establishment of a committee is first approved by the Principal and the Corporation. The number of members of any such committee and the terms on which they are to hold and vacate office shall be determined by the Academic Board.
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