S.L. 327.480 Art. 7Function of the Board.

The function of the Board shall be:

(a) to govern the affairs of the Centre, subject to the provisions of these statutes and of such regulations, policies or directions as may from time to time be approved by the Council and the Senate;

(b) to decide the policy of the Centre, to supervise its activities and administration, and without prejudice to the generality of the foregoing, the Board may:

(i) approve business plans and annual estimates of revenue and expenditure of the Centre for consideration and approval by the Council;

(iv) enrol the Centre in associations or institutions sharing similar aims and interests;

(v) propose Regulations and Bye-Laws to the Senate;

(vi) require from staff members of the Centre the production of reports on academic matters, including the curricula of courses of study, qualifications for admission to courses, examinations, and certificates of attendance or qualification;

(vii) recommend to the Council the creation or removal of academic and non-academic posts in the Centre;

(viii) propose for approval to the Senate, Boards of Studies and Examiners for postgraduate degree programmes;

(c) to oversee the strategy and policy of the business incubator, to supervise its activities and administration, and without prejudice to the generality of the foregoing, the Board may:

(i) approve business plans and annual estimates of revenue and expenditure of the business incubator, setting targets to be achieved by this resource;

(ii) analyse periodic management accounts;

(iii) approve the enrolment of persons and companies into the business incubator, and the conditions of such enrolment;

(iv) with the written consent of the Rector, approve agreements with third parties for the financing of businesses and entrepreneurial endeavours within the incubator, including inter alia, with Business Angels, Business Angel Networks, Venture Capital companies, Banks and other Finance entities, including governmental ministries, institutions and agencies;

(v) enrol the business incubator in associations and institutions sharing similar aims and interests.