It first declares that this same council, legitimately assembled in the Holy Ghost, forming a general council and representing the Catholic Church militant, has it’s power immediately from Christ, and everyone, whatever his state or position, even if it be the Papal dignity itself, is bound to obey it in all those things which pertain to the faith and the healing of the said schism, and to the general reformation of the Church of God, in head and members.

Attack on the Papacy: The Conciliar Movement - Sherman Page 142

The Church, split in two is a great indicator of the decline in the Late Middle Ages. Two separate Popes claiming the position of Christ’s vicar promotes instability that radiates throughout Europe.

Therefore by a perpetual edict, we sanction, decree, establish and ordain that general councils shall be celebrated in the following manner, so that the next one shall follow the close of this present council at

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