Section 13: Powers and functions of the Board of Trustees

13. Powers and functions of the Board of Trustees.___ The Board of Trustees shall exercise the powers and perform the following functions, namely:— (a) To hold, control and administer the property, funds and resources of the University and borrow or raise funds for the purposes of the University upon such security as may be required; (b) to undertake responsibility for the financial viability of the University including responsibility for ensuring effectiveness of its operations, their continuity and preservation of the autonomy of the University; (c) to approve the draft statutes proposed by the Board of Governors; (d) to consider and pass the resolutions of the annual report, plan of work, statement of accounts and the annual budget estimates as recommended by the Board of Governors; (e) to appoint members of the Board and other authorities in accordance with the provision of this Ordinance; (f) to delegate powers to an authority or officer or a committee; and (g) to approve arrangements through which other institutions may become affiliated or associated with the University.

Effective date: 2000-01-01

Related sections