Paragraph 3 Responsibilities of Corporation, Principal and Academic Board

for the determination of the educational character and mission of the institution and for oversight of its activities;

for the effective and efficient use of resources, the solvency of the institution and the Corporation and for safeguarding their assets;

for approving annual estimates of income and expenditure;

for the appointment, grading, suspension, dismissal and determination of the pay and conditions of service of the holders of senior posts; and

for setting a framework for the pay and conditions of service of all other staff.

for making proposals to the Corporation about the educational character and mission of the institution, and for implementing the decisions of the Corporation;

for the organisation, direction and management of the institution and leadership of the staff;

for the appointment, assignment, grading, appraisal, suspension, dismissal, and determination, within the framework set by the Corporation, of the pay and conditions of service, of staff other than the holders of senior posts;

for the determination, after consultation with the Academic Board, of the institution’s academic activities, and for the determination of its other activities;

for preparing annual estimates of income and expenditure, for consideration and approval by the Corporation, and for the management of budget and resources, within the estimates approved by the Corporation; and

for the maintenance of student discipline and, within the rules and procedures provided for within these Articles, for the suspension or expulsion of students on disciplinary grounds and for implementing decisions to expel students for academic reasons.