Council and Main Committees
- Planning and Resource Allocation Committee of Council: Changes in Regulations
- Council of the University: Register of Congregation
- Thursday 1 March 2012
- NO. 4981
- VOL. 142
Planning and Resource Allocation Committee of Council
Changes in Regulations
The Planning and Resource Allocation Committee of Council has made the following changes in regulations, to come into effect on 16 March.
Establishment of Jesus Professorship of Celtic Endowment Fund
These regulations establish the Jesus Professorship of Celtic Endowment Fund, to cover in part the salary and expenses of the holder of the Jesus Professorship of Celtic and associated overheads. They incorporate and replace the existing regulations for the Jesus Professor of Celtic, and bring the membership of the electoral board for the Professorship up to date.
Text of Regulations
In Section III of Council Regulations 24 of 2002 concerning academic and other posts (Statutes, 2000, p. 404, as redesignated as regulations by Decree (5) of 11 July 2002, Gazette, Vol. 132, p. 1461) delete existing § 43 and substitute as follows:
'§ 43. The Jesus Professorship of Celtic Endowment Fund
1. The University receives with gratitude a benefaction from Jesus College, Oxford, 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 Jesus Professorship of Celtic Endowment 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 salary and expenses of the holder of the Jesus Professorship of Celtic and associated overheads. The Professor shall undertake research, lecture and give instruction in Celtic. If the salary, expenses and overheads of the Professor are wholly or partly covered from other sources or there are further funds available, there shall be discretion to apply the income and/or the capital of the Fund to support the Professor's research.
4. The administration of the Fund, and the application of its income, shall be the responsibility of the Humanities Divisional Board.
5. The Professor shall be elected by an electoral board consisting of:
(1) the Vice-Chancellor, or, if the Principal of Jesus College is Vice-Chancellor, a person appointed by Council;
(2) the Principal of Jesus College, or, if the Principal is unable or unwilling to act, a person appointed by the Governing Body of Jesus College;
(3) a person appointed by the Governing Body of Jesus College;
(4), (5) two persons appointed by Council;
(6) the Head of the Humanities Division, or his or her nominee;
(7) a person appointed by the Board of the Faculty of English;
(8), (9) two persons appointed by the Board of the Faculty of Medieval and Modern Languages.
6. 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.
7. 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 Professorship.
8. 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.
9. Regulations 1–4 and 6–11 shall be deemed to be Trust Regulations under the provisions of Part D of Statute XVI.
10. Subject to regulation 11, 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.
11. 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.'
Council of the University
Register of Congregation
Mr Vice-Chancellor reports that the following names have been added to the Register of Congregation:
Panovic, I, Wolfson
Divisional and Faculty Boards
For changes in regulations for examinations see 'Examinations and Boards' below.