University Acts

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[Note. An asterisk denotes a reference to a previously published or recurrent entry.]

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COUNCIL OF THE UNIVERSITY

1 Changes in Regulations

Corrigendum

It was the intention to set up the MBA prize established by regulations published in Gazette, p. 262 (6 November 2004), as the `Saïd MBA Prize'. The following correction gives effect to the original intention and to the renumbering consequent upon the name change.

In Part 2 of Council Regulations 25 of 2002, concerning trusts (Statutes, 2000, p. 655, as redesignated as regulations by Decree (5) of 11 July 2002, and renumbered by Decree (1) of 7 December 2000 and the changes published on 14 November 2002, Gazette, Vol. 131, p. 402; Vol. 132, p. 1461; Vol. 133, p. 404), § 229, which referred to the MBA prize, is renumbered § 310, and §§ 230–259 renumbered §§ 229–258. The first regulation of § 310 shall be as follows.

`§310 Saïd MBA Prize

1. The moneys establishing the Saïd MBA Prize (the fund) shall be retained by the University as a permanent endowment, and the net income of the fund shall be applied to the award of a prize, to be known as the Saïd MBA Prize.'


2 Regulations and Changes in Regulations

Council has made the following changes in regulations, to come into effect on 21 May 2004.

(a) Committee for Council Departments

In Regulation 3.31 of Council Regulations 15 of 2002 (Supplement (2) to Gazette No. 4628, pp. 1391–1405), as amended on 13 March 2003 (Gazette, Vol. 133, p. 948), delete `two persons appointed by the General Purposes Committee of Council from among the members of Council' and substitute `two persons appointed by the General Purposes Committee of Council from among the members of Congregation'.

[This change, made on the recommendation of the Committee for Council Departments, widens the pool from which committee members may be appointed, to help the committee carry out its work effectively and to promote diversity on the committee.]

(b) College Contributions Fund

Endowment grants from the College Contributions Fund

The following amounts shall be paid to the college named in each case under the provisions of section 6 of Statute XV (Supplement (1) to Gazette No. 4633, 9 October 2002, p. 129) as grants for the enlargement of the permanent endowment of those colleges:
 
                                          Endowment                   Endowment
                                          grant I                     grant II
                                          £                              £

Green College                             30,000                      up to 120,000

Harris Manchester
College                                   36,000                      up to 200,000

Lady Margaret Hall                        0                           up to 250,000

Linacre College                           5,000                       up to 245,000

Mansfield College                         250,000                     up to 550,000

Pembroke College                          225,000                     up to 225,000

St Edmund                                 275,000                     up to 275,000

St Peter's                                275,000                     up to 275,000

Total                                     1,096,000                   up to 2,140,000

[This regulation authorises the endowment grants which Council has decided, on the recommendation of the College Contributions Committee, to make out of the accumulated balance of the College Contributions Fund. The sums listed under `Endowment Grant I' are to be paid to the college concerned as soon as possible. The sums listed under `Endowment Grant II' are maxima, the precise sum in each case to be determined in early 2005 by the Grants Subcommittee of the College Contributions Committee according to the success with which each college has met certain condition laid down by Council on the recommendation of the College Contributions Committee.]

College Contributions Scheme unit of statutory endowment income

The unit of statutory endowment income for 2003–4 is set at £122,000 under the provisions of regulation 2 of Council Regulations 4 of 2003 (Gazette, Vol. 133. p. 1148).

[This regulation sets the unit of statutory endowment income for 2003–4 under the College Contributions Scheme at £122,000, which represents an increase of 5.2 per cent from the unit for 2002–3 reflecting a similar increase in the overall statutory endowment income of colleges between 2001–2 and 2002–3.]

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COUNCIL OF THE UNIVERSITY

Register of Congregation

Mr Vice-Chancellor reports that the following names have been added to the Register of Congregation:

Blackmon, K.L., MA, Merton

Gill, D.R., Faculty of Clinical Medicine

Huber, A., Systems and Electronic Resources Service

Steenberg, M.C., M.St., Greyfriars

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DIVISIONAL AND FACULTY BOARDS

For changes in regulations for examinations, to come into effect on 21 May 2004, see `Examinations and Boards' below.

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