Council and Main Committees

  • Thursday 1 December 2011
  • NO. 4972
  • VOL. 142

General Purposes Committee of Council

Changes in Regulations

The General Purposes Committee of Council has made the following changes in regulations, to come into effect on 16 December.

(a) Nuffield Medical Trustees

Explanatory Note

This change allows Council's General Purposes Committee to determine in an individual case that a person be allowed to continue to serve as a Nuffield Medical Trustee after reaching the age of 70.

Text of Regulations

In Council Regulations 25 of 2002 concerning trusts (Statutes, 2000, p. 692, as redesignated as regulations by Decree (5) of 11 July 2002, Gazette, Vol. 132, p. 1461), in § 261 delete existing regulation 1 (3)(b) and substitute (new wording underlined):


'(b) No person shall become or remain a trustee after reaching the age of 70 years, unless Council's General Purposes Committee has determined otherwise in an individual case.'

(b) Establishment of C V Starr Scholarship Fund

Explanatory Note

These regulations establish the C V Starr Scholarship Fund to provide scholarship assistance to undergraduate, graduate and postdoctoral students of the University's own selection on the basis of merit and need.  

Text of Regulations

In Part 2 of Council Regulations 25 of 2002 concerning trusts (Statutes, 2000, p. 728, as redesignated as regulations by Decree (5) of 11 July 2002, Gazette, Vol. 132, p. 1461), insert new § 341 as follows, and renumber existing §§ 341–393 as §§ 342–394:

'§ 341. C.V. Starr Scholarship Fund

1. The University receives with gratitude the sum of US$250,000 from the Starr Foundation via Americans for Oxford, Inc. to be held as permanent endowment on the trusts declared in this regulation. Further money or property may be paid or transferred to the University to be held on the same trusts. The assets so held will be known as the C.V. Starr Scholarship Fund ("the Fund").

2. The University shall retain as permanent endowment those of the assets in the Fund which are contributed on the express understanding that they are to be treated as permanent endowment ("the Permanent Endowment").

3. The University shall (1) apply the income of the Permanent Endowment; and (2) apply the income and, in its discretion, the capital of the remainder of the Fund, towards the provision of scholarship assistance to undergraduate, graduate and postdoctoral students of its own selection on the basis of merit and need.

4. The administration of the Fund, and the application of its income, shall be the responsibility of the Board of the Wildlife Conservation Research Unit.

5. The University may in its absolute discretion in the period ending 21 years from the date of this regulation, instead of applying the income of the Fund in any year, accumulate all or any part of such income by investing it, and holding it as part of the capital of the Fund. The University may apply the whole or any part of such accumulated income in any subsequent year as if it were income of the Fund arising in the then current year.

6. The University shall have power to pay out of the capital or the income of the Fund all costs of and incidental to the creation of the Fund, and the management and administration of the Fund and the Scholarship.

7. The University may exercise any of its corporate powers in the management and administration of the Fund in so far as those powers are not inconsistent with these regulations.

8. Regulations 1–10 shall be deemed to be Trust Regulations under the provisions of Part D of Statute XVI.

9. Subject to regulation 10, Council may amend, repeal or add to these regulations in accordance with Part D of Statute XVI, but no amendment is valid if it would cause the Fund to:

(1) cease to be exclusively charitable according to the law of England and Wales; or

(2) be outside the objects of the University.

10. Any amendment to regulation 3 is an amendment to the main objects of the Fund for the purposes of Part D of Statute XVI and must be approved both by Congregation of the University and subsequently by Her Majesty in Council.'

(c) Department of Earth Sciences Field Teaching Fund

Explanatory Note

These changes, recommended by the Mathematical, Physical and Life Sciences Divisional Board and the Trusts Management Board, clarify that the capital, as well as the income, of the fund can be spent down over an appropriate period. Although the current wording of regulation 3 suggests this can be done already, it has not been possible to establish this conclusively, and the clearer wording is therefore intended to put the matter beyond doubt.

Text of Regulations

In Part 2 of Council Regulations 25 of 2002 concerning trusts (Statutes, 2000, p. 628, as redesignated as regulations by Decree (5) of 11 July 2002, Gazette, Vol. 132, p. 1461), in § 101 amend regulation 3 as follows (new text underlined, deleted text scored through):

'3. The administration of the Fund, and the application of its capital and income, shall be the responsibility of the Department of Earth Sciences, which shall appoint a committee with delegated authority to discharge this responsibility on its behalf. The committee shall be responsible for applying the income and, at its discretion, the capital of the Fund.'

Congregation24 November

Election

Board of the Faculty of Oriental Studies

Results are in 'Elections' section below.

Council of the University

Register of Congregation

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

Botwe, W C, Graduate Admissions and Funding

Copeland, C M, St Edmund Hall

Finch, M P M, Pembroke

Glover, H E, Wadham

Janda, K B, Environmental Change Institute

McLaughlin, E M L, Queen's

Sim, D I, Pembroke

Stewart, P C N, Wolfson

Wilmot-Smith, F J, All Souls

Yang, H, Worcester