The Annual Report of the University shall be prepared by the Executive Council and shall be submitted to the Governing Council on or before suchdate as may be prescribed by the statutes and shall be considered by the Governing Council at its next annual meeting. The Governing Council may pass resolutions thereon and communicate the same to the Executive Council, which shall take action in accordance therewith. The Executive Council shall inform the Governing Council of the action taken by it. A copy of the report with a copy of the resolution thereon, if any, of the Governing Council shall be submitted to the Chancellor and to the Government for information.
