Article 5 Functions and duties of the Board
The governing body of the University is the Board.
The Board has the entire control and management of the University and, in carrying out the objects of the University, exercises its functions and duties in the name of the University.
The quorum for all meetings of the Board is one third of the current membership of the Board, rounded up to the next whole number.
The Board has all the rights, powers and privileges necessary and expedient for the purposes of, or in connection with, the furtherance of the objects of the University, and in particular has the following functions and duties—
to admit, enrol and deal with students including among other things the power to make academic regulations and to impose sanctions, impose or grant suspensions of studies and terminate enrolment in accordance with those academic regulations,
to confer on any person higher and other education awards including degrees, diplomas, certificates and other academic awards or distinctions and honorary degrees,
to deprive the recipient of a University award of that award,
to create, award and maintain fellowships, scholarships, studentships and other prizes,
to create and maintain codes of conduct, regulations and policies required for the maintenance of standards and good order within the University,
to enter into contracts,
to form and maintain arrangements with any person,
to acquire, hold and dispose of any legal entity,
to acquire, hold and dispose of any of the undertakings, rights, assets or liabilities of the University,
to charge fees for any service or facilities provided by the University,
to buy, hold, lease, construct and sell any heritable or moveable property (including stocks, shares, loans and intellectual property rights) and to borrow and to give and take security of all types,
to invest and disinvest University monies and assets as it sees fit,
to approve student bodies, entities and associations,
to create and own intellectual property, any discovery and invention of any type and to exploit these commercially (including the sale thereof),
to establish and maintain an alumni association,
to employ staff,
to sue and be sued in the name of the University,
to exercise the organisational functions listed in paragraph (5).
The organisational functions of the Board are—
to oversee the University’s activities, determine its mission and future direction, foster an environment in which the University’s objects are achieved and provide strategic input to all material policy or other matters affecting the University (including the adoption and publication of a statement of the primary responsibilities of the Board),
to appoint and regulate committees of the Board formed of Governors and, where appropriate, others,
to set up within the University such departments, schools, faculties and other units of organisation and delegate to them such functions, duties and powers as it sees fit,
to appoint a Chancellor as the titular head of the University,
to appoint a Principal and Vice-Chancellor as the chief academic and executive officer of the University,
to appoint one or more Vice-Principals, a Secretary to the Board and other office holders to have such powers as the Board may see fit,
to reimburse any Governor for reasonable financial loss, travel or subsistence expenses, and to make such payments in accordance with any policies of the Board,
to make regulations, byelaws and standing orders for the exercise of the functions and duties of the Board acting on behalf of the University,
to provide facilities to carry on any activities which are necessary or desirable to enable the University to fulfil its objects,
to establish and monitor systems of control and accountability, including financial and operational controls and risk assessment,
to review and monitor the management of the University and its performance,
to approve a business plan and budget for the University for and in advance of each twelve month financial period of the University.