The members of University Council are holders of public office. Working with the Vice Chancellor & Rector as Chief Executive, they share ultimate and collective responsibility for all the business transacted at Liverpool Hope University and for acting as ambassadors for its work in the outside world. All persons appointed to Council are expected to have a commitment to the institution’s mission and values and to observe the highest standards of corporate governance in exercising their responsibilities. University Council has adopted the Seven Principles of Public Life espoused by the Committee on Standards in Public Life (the Nolan Committee).
University Council responsibilities:
Fundamentally, Council has ultimate responsibility for the Mission, Vision, Values, Ethics, Culture and Corporate Strategy of the University which will be shaped and delivered by the Vice-Chancellor.
University Council is the foremost governance body of the University and has responsibility for determining the ‘educational character’ of the University. This is a general way of saying that the Board has oversight of the academic mission and policy of the University in the widest sense; the shape of the institution and its academic delivery, the partnerships which support or jointly deliver its programme, and the ultimate basis for its existence as an educational entity.
The Board’s other key responsibilities, which cannot be delegated, include:
- The effective and efficient use of resources, the solvency of the institution and the safeguarding of its assets;
- Approving the financial strategy, annual budget and estimates of income and expenditure;
- Employment policy, pay and conditions of service;
- Major capital expenditure
- Appointment, removal and remuneration of external auditors
- Appointment or removal of members of University Council and The Vice Chancellor
- Major changes to accounting practices
- Internal controls
- Legal and Regulatory Compliance
- Policy for Directors’ & Officers’ insurance and indemnity
- Pensions policy, major changes to pension provision and pensions funding
- Ensuring that the property and income of the University are applied only in support of purposes which are charitable in law.
- Ensuring that the Students’ Union operates in a fair and democratic manner and is accountable for its finances, in accordance with the Education Act 1994 Part II: Student Unions.
- Ensuring that a written statement of policy on health and safety is in place, and that arrangements for the implementation of that policy are satisfactory and effective.
- Ensuring compliance with all relevant legislation
The duties of Council Members:
To be effective, governors need a good working knowledge of Liverpool Hope University, of its history and traditions, its ecumenical nature and of its place within the higher education system and the wider community. Governors also need to know what is expected of them, both individually and collectively, particularly where the expectation has a legal basis to it, and Governors could be held accountable for their acts and / or omissions.
The members of the Board of Governors are holders of public office and are expected to observe the Nolan Principles of Public Life.
Working with the Vice-Chancellor as Chief Executive, they share ultimate and collective responsibility for all the business transacted by the University and for acting as ambassadors for its work in the outside world. All persons appointed to the Board are expected to have a commitment to our values and to observe the highest standards of corporate governance in exercising their responsibilities.
Committees of the Board:
In order for the Board to discharge its duties and to operate effectively, the Board delegates some of these duties to ‘Board sub-committees’. These committees are made up of members of the Board and are delegated to act on behalf of the Board. Their purpose and ‘terms of reference’ are all agreed by the Board and they report back to the Board on all activities within their remit.