—(1) The Academy shall consist of the following categories of members:
ordinary members; and
(2) Subject to subsection (3), the members of the Academy shall be entitled to the use of the library and other premises of the Academy subject to such terms and conditions as may be determined by the Senate and to such privileges as may be conferred upon them by the Senate.
(3) The Senate may restrict the use of the facilities or any part of the premises of the Academy to any category of members.
(4) No rights or privilege of any member of the Senate or member of the Academy shall be in any way transferable or transmissible, but all such rights and privileges shall cease upon the member of the Senate or the member of the Academy ceasing to be such whether by death, retirement or otherwise.