40.2. The Université du Québec à Montréal, constituted by letters patent issued on 9 April 1969, in accordance with section 27 of this Act, is an associate university of the Université du Québec, and as such
(1) it shall, notwithstanding paragraph a.1 of section 4, confer its own university degrees, diplomas or certificates;
(2) it may, notwithstanding the second paragraph of section 31, enter without authorization into any agreement it deems useful for the pursuit of its objects, with any educational or research establishment;
(3) it shall, notwithstanding section 38, make a recommendation for the appointment of its principal;
(4) it shall, notwithstanding section 38.1, designate the person replacing the principal from among its vice-principals.