Document ID: chunk:federal_register_of_legislation:F2023C00394:body:0:p15
Version: federal_register_of_legislation:F2023C00394
Segment Type: other
Provision Reference: 
Character Range: 38212–41390

endowments, and research, development, consultancy, commercial activities and other services undertaken for commercial organisations or public bodies;

     •  developing guidelines (if any) concerning the carrying out of commercial activities, finance and property matters, or any other related matter;

     •  overseeing the management of the property, finances and business affairs of the University, such as risk management across the University, including its commercial activities;

     •  any other powers and functions conferred on it by or under legislation or any university statute or regulation; and

     •  the power to do anything else necessary or convenient to be done for or in connection with its powers and functions.

     The University Council has a range of powers and functions that it can exercise directly, including the following:

     •  appointing the Vice-Chancellor, who is the chief executive officer of the University and responsible for the conduct of the University's affairs in all matters;

     •  determining the composition of borrowings within the parameters set by the State Government;

     •  approving the University's budget for a financial year, incorporating total revenue and the planned revenue sources, including planning the mix between teaching, research and commercial activities, the fees and charges to apply to those activities, and the type and value of government grants desired;

     •  determining the course mix and target student mix, such as vocational, undergraduate, graduate and executive courses, on-campus or distance learning, and local and international students;

     •  appointing staff and determining their terms and conditions;

     •  deciding whether to operate through multiple campuses and how to utilise the University's infrastructure; and

     •  making university regulations with respect to any matter relating to the University.

The University Council has delegated the day-to-day management responsibilities and other functions to the University's executive and other senior staff in order to be able to focus on the broader policy and strategic issues.

The State Minister for Education has the following powers and functions as part of the Minister's role in the State Government:

     •  fixing the remuneration and fees to be paid to University Council members who are not full-time staff of the University or holders of statutory office;

     • approving (or vetoing) University statutes and guidelines made by the University Council;

     •  declaring an activity to be a university commercial activity;

     •  making interim guidelines concerning university commercial activities and finance and property matters – these apply unless replaced by University-submitted guidelines approved by the Minister;

     • in conjunction with the State Treasurer, approving the limits and conditions (eg security) for University borrowings;

     •  approving (or vetoing) the disposal of land that was previously Crown land granted to the University;

     •  requesting commercial and financial reports from the University;

     •  referring a university commercial activity or