Council and Main Committees

  • Thursday 26 March 2015
  • NO. 5092
  • VOL. 145

Council of the University

Changes in Regulations

Council has made the following changes in regulations, to come into effect on 10 April.

(a) Rhodes Professorship of Race Relations

Explanatory Note

The following changes, made on the recommendation of the Social Sciences Board, update the regulations for the Rhodes Professorship of Race Relations. The changes made to regulations 3–5 are conditional upon approval of the deletion of existing regulation 6. New regulations 6 and 7 are consistent with current practice for new regulations for statutory posts with a trust.

Text of Regulations

In Sect III of Council Regulations 24 of 2002, concerning Academic and Other Posts, delete §294 and substitute (new text underlined, deleted text struck through):

'§294. Rhodes Professor of Race Relations

1. The University hereby accepts with deep gratitude the offer of the Rhodesian Selection Trust Group of Copper Mining Companies to provide for the permanent endowment of a Rhodes Professorship of Race Relations.

2. The Rhodes Professor of Race Relations shall lecture and give instruction in interracial relations.

3. The professor shall be elected by an electoral board consisting of:

(1) the Vice-Chancellor, or, if the head of the college specified in (2) of this clause is Vice-Chancellor, a person appointed by Council on the occurrence of a vacancy to act as an elector on that occasion;

(2) the head of the college to which the professorship shall be for the time being allocated by Council under any decree regulation in that behalf, or, if the head is unable or unwilling to act, a person appointed by the governing body of the college on the occurrence of a vacancy to act as an elector on that occasion;

(3) a person appointed by the governing body of the college specified in (2) of this clause;

(4), (5) a two persons appointed by Council;

(5), (6) two a persons appointed by the General Social Sciences Board;

(7)–(9) a three persons appointed by the Board of the Faculty of Social Studies School of Interdisciplinary Area Studies.

(8) a person appointed by the Board of the Faculty of History;

(9) a person appointed by the Board of the Faculty of Anthropology and Geography.

4. Any part of the income of the endowment of the professorship which is not required to meet the costs (including support costs) thereof and such management fee as shall be determined from year to year by the Curators of the University Chest, may be expended, under conditions to be determined from time to time by the Board of the Faculty of Social Studies School of Interdisciplinary Area Studies Committee (the SIAS Committee), to support teaching and research in interracial relations. The board SIAS Committee shall appoint a committee Rhodes Professor of Race Relations Management Committee to advise it, and that committee shall include a representative of the Board of the Faculty of Anthropology and Geography. That committee will consist of:

(1) the Head of the School of Interdisciplinary Area Studies;

(2) an appointee of the Social Sciences Division;

(3) the Rhodes Professor of Race Relations;

(4) the head of the college in which the post-holder is based.

5. The professor shall be subject to the General Provisions of the decree regulations concerning the duties of professors and to those Particular Provisions of the same decree regulations which are applicable to this chair.

6. This decree may be altered with the consent of the founders provided that the main object of the endowment, namely, the development of the study of interracial relations, is always kept in view. Subject to regulation 7, 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.

7. Any amendment to regulation 2 is an amendment to the main object 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.'

(b) Financial Regulations

Explanatory Note

These changes, made on the recommendation of the Board of OU Endowment Management (OUem), amend the financial authority limits on the implementation of investment decisions. The opportunity is also taken to amend an outdated reference to a role that no longer exists.

Text of Regulations

1 In the Financial Regulations (Council Regulations 1 of 2010), in regulation 1.5(2) delete existing Table E and substitute (new text underlined, deleted text scored through):

Table E Implementation of Financial investment decisions
The limits in Table E relate to the implementation of those investments decisions made by the Chief Investment Officer on behalf of the University's Investment Committee (refer to regulation 6.3 below)

Limit £000 Authorising Body/Officer
100,000 200,000 and over Two members of the Board of OUEM, following approval by the University's Investment Committee, further to rRecommendation by OUEM
Over 50,000 100,000 and under 100,000 200,000 Written approval of tTwo members of the Board of OUEM
Less than or equal to 50,000 100,000 Chief Investment Officer   
Less than or equal to 15,000 Any OUEM Investment Director

2 Ibid, delete existing regulation 6.4 and substitute (new text underlined, deleted text scored through):

'6.4 Oxford University Endowment Management Limited

Oxford University Endowment Management Limited ("OUEM"), a subsidiary company, is responsible for the management of certain investments of the University and those of the Oxford Funds. OUEM may delegate its authority to identified fund managers. The financial limits applicable are shown in Table E above.'

3 Ibid, delete existing regulations 3.1(6)–(7) and substitute (new text underlined, deleted text scored through):

'(6) All contracts for the acquisition of goods and services otherwise than by purchase (for example, leasing arrangements) must be negotiated through the Purchasing Department and notified to the Head of Accounting Payment Services.

(7) All procurement through the use of a credit card must comply with the financial control procedures for the card, which are issued by the Head of Accounting Payment Services. It is the responsibility of the head of unit to agree the chosen credit and transaction limits with the Head of Accounting Payment Services, and to ensure that the limits are adhered to.'

Congregation23 March

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Congregation24 March

(1) Declaration of Approval of Legislative Proposal: Transport Studies Fund and Reader in Transport Studies

(2) Declaration of Approval of a Resolution authorising the use of space at the Begbroke Science Park

(3) Declaration of Approval of a Resolution authorising the use of the Old Power Station building, Arthur Street

No notice of opposition having been given, Mr Vice-Chancellor declared approved the legislative proposal at (1) concerning the Transport Studies Fund and Reader in Transport Studies, and the resolutions at (2) concerning the use of space at the Begbroke Science Park and (3) concerning the use of the Old Power Station building.

Council of the University

Register of Congregation

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

Anand, G, Faculty of Clinical Medicine
Gallagher, S, Mathematical, Physical and Life Sciences Division
Newey, E J, Christ Church
Ryan, D J, Saïd Business School
Vollmer, S, Faculty of Statistics
Warren, S, Trinity

Divisional and Faculty Boards

For changes in regulations for examinations see 'Examinations and Boards' below.