Section 5 Powers of the senatus academicus and principal.

The senatus academicus of each of the said Universities shallF1... administer F2the University's property and revenues, subject to the control and review of the University court, as herein-after provided; one third of the senatus shall be a quorum; and the principal, or the senior principal if more than one, shall be the ordinary president of the senatus academicus, with a deliberative and casting vote; and the principal shall be bound to undertake and perform such duties of teaching and lecturing as may be assigned to him by the Commissioners herein-after appointed during the continuance of their powers, and thereafter by the University court.