(1) Where the Council grants an application under section 40, the Council shall issue to the tertiary institution a certificate of accreditation in the prescribed form and on payment of the prescribed fee.
(2) A certificate of accreditation issued under subsection (1) must —
(a) contain an accreditation number;
(b) state the period of validity of accreditation, which must be a period not exceeding 4 years; and
(c) be accompanied by the prescribed Accreditation Mark.
(3) A certificate of accreditation remains the property of the Council and must be returned to the Council on revocation or expiry.