5. The management of the College, including its revenues and property, the choice of Professor and Tutors, the admission of Students, the appointment of all functionaries and servants, and the general order and government of the College, shall ever be vested in the Master and the Council. The Master shall see that the Statutes and Regulations of the Council be duly carried into effect, and take order for the good government of the College in all things. His signature is necessary to the validity of all deeds, instruments, documents and proceedings.
6. "The first Council and their successor for ever" being authorised by the Charter "to confer such degrees of rank and honour as shall encourage learning" in the same manner as other Colleges and Universities, they shall from time to time confer degrees in such branches of Knowledge and Science as may be studied there, in the same manner as the Universities in Denmark, Germany and Great Britain. In doing this the Master and Council shall ad libitum call in the aid of any or all the Professors of Serampore College. All such degrees shall be perfectly free of expense to the person on whom they may be conferred, whether he be in India, Europe or America.
7. No oaths shall be administered in Serampore College, either to the Members of Council, the Professors and Tutors, or the Students. In all cases a solemn promise, duly recorded and signed by the party, shall be accepted instead of an oath.
8. Marriage shall be no bar to any office or situation in Serampore College, from that of the Master to that of the lowest student.
9. The salaries of the Professors and Tutors in Serampore College shall be appointed, and the means of support for all functionaries, students and servants be regulated by the Council in such manner as shall best promote the objects of the Institution.
10. It is intended that neither the Master nor any Member of the Council in general shall receive any salary. But any Master who may not previously reside in the College shall have a residence there free of rent for himself and his family. And if the Council shall elect any one in Europe or in America, whom they deem eminent for learning and piety, a Member of the Council, with a view to choosing him Master, should they on trial deem him worthy, the Council shall be competent to appoint him such salary as they may deem necessary, not exceeding, however, the highest given to a Professor.
11. As the founders of the College deem the belief of Christ's Divinity and Atonement essential to vital Christianity, the promotion of which is the grand object of this Institution, no one shall be eligible to the College Council or to any Professorship who is known to oppose these doctrines, and should any one of the Professors or any member of the Council unhappily so change his views after his election as to oppose these fundamental doctrines of Christianity, on this being clearly and decidedly proved from his teaching or his writings, he shall vacate the office he previously held. But every proceeding of this nature on the part of the College Council shall be published to the Christian world, with the proofs on which it may rest, as an Appendix to the succeeding Report.
12. Members of the Council are eligible from among the Professors of the College, or from among any in India, Europe, or America whom the College Council may deem suitable in point of learning, piety, and talent.
13. Students are admissible at the discretion of the Council from any body of Christians, whether Protestant, Roman Catholic, the Greek, or the Armenian Church; and for the purpose of study, from the Mussulman and Hindu youth, whose habits forbid their living in the College. No caste, colour, or country shall bar any man from admission into Serampore College.
14. Expulsion shall be awarded in cases of open immorality, incorrigible idleness, neglect of the College Statutes and regulations, or repeated disobedience to the officers of the College.