(1) The Council has all such rights, powers, and authorities as are necessary or expedient for, or conducive to, the performance of its functions.
(2) Without limiting the generality of subsection (1), the Council has, in addition to the powers conferred on it by this or any other Act, the following powers:
(a) subject to this Act, to grant to any candidate for admission as a barrister and solicitor such credits (whether ad eundem or otherwise) or exemptions as it thinks fit, and on such conditions as it thinks fit, for the purposes of any course of study: