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This is a Bill, not an Act. For current law, see the Acts databases.
New South Wales Universities Legislation Amendment (Regulatory Reforms) Bill 2014 Explanatory note This explanatory note relates to this Bill as introduced into Parliament. Overview of Bill The object of this Bill is to amend various Acts establishing universities (the University Acts) to remove certain regulatory requirements relating to financial management, land dealings and governing body election procedures of the universities and to put beyond doubt the capacity of the universities to generate revenue to fund the objects and principal functions of the university. In relation to each university: (a) the requirement for the Governor on the recommendation of the Treasurer to approve borrowings by the university is removed, and (b) the requirement for the Minister for Education with the concurrence of the Treasurer to approve university investment powers is removed, and (c) the university is specifically authorised to generate revenue for the purpose of funding the promotion of its object and the carrying out of its principal functions, and (d) the requirement for the Treasurer on the recommendation of the Minister for Education to approve fund managers is removed, and (e) the requirement for the Minister for Education on the advice of the Treasurer to approve guidelines for commercial activities carried on by the university is removed, and (f) the requirement for the Minister for Education to approve the sale, encumbrance or lease for more than 21 years of university land is removed and is replaced with a requirement for such approval where the land concerned was granted, transferred or sold at nominal or less than market value to the university by the State or is the lease of any land acquired from the State for a term of more than 21 years, and b2013-192-19.d14 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Explanatory note (g) the limitation preventing the university from leasing certain land vested in the Crown which is under the university's control and management for more than 21 years is removed and replaced with a requirement permitting leases for more than 21 years with the approval of the Minister for Education, and (h) the university is empowered to delegate to the governing body of the university the power to make rules concerning procedures for elections to that body instead of them being prescribed by the by-laws. The Bill also: (i) amends the University of Wollongong Act 1989: (i) to remove references to the "Convocation" of the University (Schedule 1.10 [1], [3] and [13]), and (ii) to enable the Vice-Chancellor of the University to sub-delegate functions delegated to the Vice-Chancellor by the Council of the University (Schedule 1.10 [5]), and (j) makes a consequential amendment to omit Part 11 (Convocation) of the University of Wollongong By-law 2005 (Schedule 1.11), and (k) amends the University of Newcastle Act 1989: (i) to formally include the President of the Academic Senate as a member and chair of the Academic Senate of the University (Schedule 1.6 [2]), and (ii) to enable the Vice-Chancellor of the University to sub-delegate functions delegated to the Vice-Chancellor by the Council of the University (Schedule 1.6 [4]), and (l) amends the Macquarie University Act 1989 to correct a cross-reference (Schedule 1.2 [14]), and (m) amends each University Act to make amendments of a consequential or savings nature. Outline of provisions Clause 1 sets out the name (also called the short title) of the proposed Act. Clause 2 provides for the commencement of the proposed Act on the date of assent to the proposed Act. Schedule 1 Amendment of Acts and by-law Schedule 1 amends the University Acts and a by-law as described in the Overview of the Bill. Schedule 1.1 [2], 1.2 [2], 1.3 [2], 1.4 [2], 1.5 [2], 1.6 [3], 1.7 [2], 1.8 [2], 1.9 [2] and 1.10 [4] amend the University Acts to achieve the object described in paragraph (a) of the Overview of the Bill. Schedule 1.1 [15], 1.2 [15], 1.3 [14], 1.4 [14], 1.5 [14], 1.6 [17], 1.7 [14], 1.8 [15], 1.9 [14] and 1.10 [18] amend the University Acts to achieve the object described in paragraph (b) of the Overview of the Bill. Schedule 1.1 [1], 1.2 [1], 1.3 [1], 1.4 [1], 1.5 [1], 1.6 [1], 1.7 [1], 1.8 [1], 1.9 [1] and 1.10 [2] amend the University Acts to achieve the object described in paragraph (c) of the Overview of the Bill. Schedule 1.1 [16], 1.2 [16], 1.3 [15], 1.4 [15], 1.5 [15], 1.6 [18], 1.7 [15], 1.8 [16], 1.9 [15] and 1.10 [19] amend the University Acts to achieve the object described in paragraph (d) of the Overview of the Bill. Schedule 1.1 [8]-[10], 1.2 [7]-[9], 1.3 [7]-[9], 1.4 [7]-[9], 1.5 [7]-[9], 1.6 [10]-[12], 1.7 [7]-[9], 1.8 [8]-[10], 1.9 [7]-[9] and 1.10 [10]-[12] amend the University Acts to achieve the object described in paragraph (e) of the Overview of the Bill and make consequential amendments. Page 2 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Explanatory note Schedule 1.1 [3]-[5], 1.2 [3]-[5], 1.3 [3]-[5], 1.4 [3]-[5], 1.5 [3]-[5], 1.6 [5]-[7], 1.7 [3]-[5], 1.8 [3]-[5], 1.9 [3]-[5] and 1.10 [6]-[8] amend the University Acts to achieve the object described in paragraph (f) of the Overview of the Bill and make consequential amendments. Schedule 1.1 [6] and [7], 1.2 [6], 1.3 [6], 1.4 [6], 1.5 [6], 1.6 [8] and [9], 1.7 [6], 1.8 [6] and [7], 1.9 [6] and 1.10 [9] amend the University Acts to achieve the object described in paragraph (g) of the Overview of the Bill and make consequential amendments. Schedule 1.1 [11]-[14], 1.2 [10]-[13], 1.3 [10]-[13], 1.4 [10]-[13], 1.5 [10]-[13], 1.6 [13]-[16], 1.7 [10]-[13], 1.8 [11]-[14], 1.9 [10]-[13] and 1.10 [14]-[17] amend the University Acts to achieve the object described in paragraph (h) of the Overview of the Bill and make consequential amendments. Schedule 1.1 [17] and [18], 1.2 [17] and [18], 1.3 [16] and [17], 1.4 [16] and [17], 1.5 [16] and [17], 1.6 [19] and [20], 1.7 [16] and [17], 1.8 [17] and [18], 1.9 [16] and [17] and 1.10 [20] and [21] amend the University Acts to insert savings and transitional provisions. Page 3 First print New South Wales Universities Legislation Amendment (Regulatory Reforms) Bill 2014 Contents Page 1 Name of Act 2 2 Commencement 2 Schedule 1 Amendment of Acts and by-law 3 b2013-192-19.d14 New South Wales Universities Legislation Amendment (Regulatory Reforms) Bill 2014 No , 2014 A Bill for An Act to amend various Acts establishing universities with respect to government regulation of the financial management, certain land dealings and governing body election procedures of the universities; and for other purposes. Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] The Legislature of New South Wales enacts: 1 1 Name of Act 2 This Act is the Universities Legislation Amendment (Regulatory Reforms) Act 2014. 3 2 Commencement 4 This Act commences on the date of assent to this Act. 5 Page 2 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law Schedule 1 Amendment of Acts and by-law 1 1.1 Charles Sturt University Act 1989 No 76 2 [1] Section 7 Object and functions of University 3 Insert after section 7 (3) (a): 4 (a1) without limiting paragraph (a), the University may generate revenue for 5 the purpose of funding the promotion of its object and the carrying out 6 of its principal functions, 7 [2] Section 19 Functions of Council 8 Omit section 19 (1) (d). Insert instead: 9 (d) borrow money, 10 [3] Section 21 Powers of Council relating to property 11 Omit section 21 (1) (a). Insert instead: 12 (a) may acquire (whether by purchase, gift, grant, bequest, devise or 13 otherwise) any property for the purposes of this Act and may agree to 14 carry out the conditions of any such acquisition, and 15 [4] Section 21 (2)-(3) 16 Omit section 21 (2) and (3). Insert instead: 17 (2) The Council may, subject to this section, alienate, mortgage, charge or demise 18 any lands of the University. 19 (2A) The Council must not alienate, mortgage, charge or demise any lands acquired 20 by the University from the State at nominal or less than market value except 21 with the approval of the Minister. 22 (3) Despite subsection (2A), the Council may, without the approval of the 23 Minister, lease any such lands if: 24 (a) the term of the lease does not exceed 21 years, and 25 (b) the Council is satisfied that it is to the benefit of the University, whether 26 from a financial or educational standpoint or otherwise, that the lease be 27 entered into. 28 [5] Section 21 (5) 29 Insert "grant," after "gift,". 30 [6] Section 22 Powers of Council over certain property vested in Crown 31 Omit section 22 (4) (a). Insert instead: 32 (a) must not be granted for a term (including any option for the grant of a 33 further term) exceeding 21 years except with the approval of the 34 Minister, and 35 [7] Section 22 (4) (b) 36 Omit "shall" wherever occurring. Insert instead "must". 37 [8] Section 24A Definitions 38 Omit "approved" from the definition of the Guidelines. Insert instead "determined". 39 Page 3 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [9] Section 24B Guidelines for commercial activities 1 Omit section 24B (1) and (2). Insert instead: 2 (1) The Council must by resolution determine, and must maintain, Guidelines 3 requiring specified processes and procedures to be followed in connection 4 with University commercial activities. 5 (2) The Council may by resolution amend or replace the Guidelines from time to 6 time. 7 [10] Section 24B (5) and (6) 8 Omit the subsections. 9 [11] Section 32 Rules 10 Omit "8E, 8F" from section 32 (1). Insert instead "8E (2) (c) (i) and (3) (a), 8F (4)". 11 [12] Section 32 (1) 12 Omit "31 (1) (b) and (k)". Insert instead "31 (1) (k)". 13 [13] Section 32 (1) 14 Insert "(to the extent it relates to appointments)" after "Schedule 1". 15 [14] Section 32 (1A)-(1C) 16 Insert after section 32 (1): 17 (1A) Despite subsection (1), only the Council may be empowered to make rules for 18 or with respect to which by-laws may be made concerning matters referred to 19 in sections 8E (3) (b), 8F (2) (a) and 31 (1) (b) and clause 3 of Schedule 1 (to 20 the extent it relates to elections) (election rules). 21 (1B) Election rules must be consistent with sound and democratic electoral 22 practices, procedures and methods of voting. 23 (1C) The Council must ensure that any election rule it makes is made readily 24 available to the public by whatever means the Council considers appropriate 25 as soon as practicable after it is made. 26 [15] Schedule 2 Investment 27 Omit clause 2. 28 [16] Schedule 2, clause 2A 29 Omit the clause. Insert instead: 30 2A Funds managers 31 (1) The Council may engage a funds manager to act in relation to the management 32 of the funds belonging to or vested in the University. 33 (2) Such a funds manager may on behalf of the Council invest funds of the 34 University in any investment in which the funds manager is authorised to 35 invest its own funds or other funds. 36 [17] Schedule 4 Savings and transitional provisions 37 Omit clause 1 (1). Insert instead: 38 (1) The regulations may contain provisions of a savings or transitional nature 39 consequent on the enactment of this Act or any Act that amends this Act. 40 Page 4 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [18] Schedule 4, Part 8 1 Insert after Part 7: 2 Part 8 Provisions consequent on enactment of 3 Universities Legislation Amendment (Regulatory 4 Reforms) Act 2014 5 48 Definition 6 In this Part: 7 amending Act means the Universities Legislation Amendment (Regulatory 8 Reforms) Act 2014. 9 49 Guidelines for commercial activities 10 The Guidelines approved for the time being under section 24B, as in force 11 immediately before the amendments made to that section by the amending 12 Act, continue to have effect as if they were Guidelines determined by the 13 Council under that section as amended. 14 50 Existing investments 15 An amendment made to this Act by the amending Act does not affect the 16 appointment of a funds manager or the validity of any investment made by or 17 on behalf of the University before the commencement of the amendment. 18 51 Previously acquired land 19 Section 21 (2)-(3), as inserted by the amending Act, extend to land acquired 20 from the State before the insertion of those subsections. 21 1.2 Macquarie University Act 1989 No 126 22 [1] Section 6 Object and functions of University 23 Insert after section 6 (3) (a): 24 (a1) without limiting paragraph (a), the University may generate revenue for 25 the purpose of funding the promotion of its object and the carrying out 26 of its principal functions, 27 [2] Section 16 Functions of Council 28 Omit section 16 (1) (d). Insert instead: 29 (d) borrow money, 30 [3] Section 18 Powers of Council relating to property 31 Omit section 18 (1) (a). Insert instead: 32 (a) may acquire (whether by purchase, gift, grant, bequest, devise or 33 otherwise) any property for the purposes of this Act and may agree to 34 carry out the conditions of any such acquisition, and 35 [4] Section 18 (2)-(3) 36 Omit section 18 (2) and (3). Insert instead: 37 (2) The Council may, subject to this section, alienate, mortgage, charge or demise 38 any lands of the University. 39 Page 5 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law (2A) The Council must not alienate, mortgage, charge or demise any lands acquired 1 by the University from the State at nominal or less than market value except 2 with the approval of the Minister. 3 (3) Despite subsection (2A), the Council may, without the approval of the 4 Minister, lease any such lands if: 5 (a) the term of the lease does not exceed 21 years, and 6 (b) the Council is satisfied that it is to the benefit of the University, whether 7 from a financial or educational standpoint or otherwise, that the lease be 8 entered into. 9 [5] Section 18 (5) 10 Insert "grant," after "gift,". 11 [6] Section 19 Powers of Council over certain property vested in Crown 12 Omit section 19 (4) (a). Insert instead: 13 (a) must not be granted for a term (including any option for the grant of a 14 further term) exceeding 21 years except with the approval of the 15 Minister, and 16 [7] Section 21A Definitions 17 Omit "approved" from the definition of the Guidelines. Insert instead "determined". 18 [8] Section 21B Guidelines for commercial activities 19 Omit section 21B (1) and (2). Insert instead: 20 (1) The Council must by resolution determine, and must maintain, Guidelines 21 requiring specified processes and procedures to be followed in connection 22 with University commercial activities. 23 (2) The Council may by resolution amend or replace the Guidelines from time to 24 time. 25 [9] Section 21B (5) and (6) 26 Omit the subsections. 27 [10] Section 29 Rules 28 Omit "8D, 8E" from section 29 (1). Insert instead "8D (2) (c) (i) and (3) (a), 8E (4)". 29 [11] Section 29 (1) 30 Omit "28 (1) (b) and (k)". Insert instead "28 (1) (k)". 31 [12] Section 29 (1) 32 Insert "(to the extent it relates to appointments)" after "Schedule 1". 33 [13] Section 29 (1A)-(1C) 34 Insert after section 29 (1): 35 (1A) Despite subsection (1), only the Council may be empowered to make rules for 36 or with respect to which by-laws may be made concerning matters referred to 37 in sections 8D (3) (b), 8E (2) (a) and 28 (1) (b) and clause 3 of Schedule 1 (to 38 the extent it relates to elections) (election rules). 39 Page 6 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law (1B) Election rules must be consistent with sound and democratic electoral 1 practices, procedures and methods of voting. 2 (1C) The Council must ensure that any election rule it makes is made readily 3 available to the public by whatever means the Council considers appropriate 4 as soon as practicable after it is made. 5 [14] Schedule 1 Provisions relating to members and procedure of the Council 6 Omit "appointed under section 9 (1) (g)" from clause 2 (j). 7 Insert instead "appointed under section 8E". 8 [15] Schedule 2 Investment 9 Omit clause 2. 10 [16] Schedule 2, clause 2A 11 Omit the clause. Insert instead: 12 2A Funds managers 13 (1) The Council may engage a funds manager to act in relation to the management 14 of the funds belonging to or vested in the University. 15 (2) Such a funds manager may on behalf of the Council invest funds of the 16 University in any investment in which the funds manager is authorised to 17 invest its own funds or other funds. 18 [17] Schedule 3 Savings and transitional provisions 19 Omit clause 1A (1). Insert instead: 20 (1) The regulations may contain provisions of a savings or transitional nature 21 consequent on the enactment of this Act or any Act that amends this Act. 22 [18] Schedule 3, clauses 14-16 23 Insert after clause 13: 24 14 Guidelines for commercial activities 25 The Guidelines approved for the time being under section 21B, as in force 26 immediately before the amendments made to that section by the Universities 27 Legislation Amendment (Regulatory Reforms) Act 2014, continue to have 28 effect as if they were Guidelines determined by the Council under that section 29 as amended. 30 15 Existing investments 31 An amendment made to this Act by the Universities Legislation Amendment 32 (Regulatory Reforms) Act 2014 does not affect the appointment of a funds 33 manager or the validity of any investment made by or on behalf of the 34 University before the commencement of the amendment. 35 16 Previously acquired land 36 Section 18 (2)-(3), as inserted by the Universities Legislation Amendment 37 (Regulatory Reforms) Act 2014, extend to land acquired from the State before 38 the insertion of those subsections. 39 Page 7 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law 1.3 Southern Cross University Act 1993 No 69 1 [1] Section 6 Object and functions of University 2 Insert after section 6 (3) (a): 3 (a1) without limiting paragraph (a), the University may generate revenue for 4 the purpose of funding the promotion of its object and the carrying out 5 of its principal functions, 6 [2] Section 16 Functions of Council 7 Omit section 16 (1) (d). Insert instead: 8 (d) borrow money, 9 [3] Section 18 Powers of Council relating to property 10 Omit section 18 (1) (a). Insert instead: 11 (a) may acquire (whether by purchase, gift, grant, bequest, devise or 12 otherwise) any property for the purposes of this Act and may agree to 13 carry out the conditions of any such acquisition, and 14 [4] Section 18 (2)-(3) 15 Omit section 18 (2) and (3). Insert instead: 16 (2) The Council may, subject to this section, alienate, mortgage, charge or demise 17 any lands of the University. 18 (2A) The Council must not alienate, mortgage, charge or demise any lands acquired 19 by the University from the State at nominal or less than market value except 20 with the approval of the Minister. 21 (3) Despite subsection (2A), the Council may, without the approval of the 22 Minister, lease any such lands if: 23 (a) the term of the lease does not exceed 21 years, and 24 (b) the Council is satisfied that it is to the benefit of the University, whether 25 from a financial or educational standpoint or otherwise, that the lease be 26 entered into. 27 [5] Section 18 (5) 28 Insert "grant," after "gift,". 29 [6] Section 19 Powers of Council over certain property vested in Crown 30 Omit section 19 (4) (a). Insert instead: 31 (a) must not be granted for a term (including any option for the grant of a 32 further term) exceeding 21 years except with the approval of the 33 Minister, and 34 [7] Section 21A Definitions 35 Omit "approved" from the definition of the Guidelines. Insert instead "determined". 36 [8] Section 21B Guidelines for commercial activities 37 Omit section 21B (1) and (2). Insert instead: 38 (1) The Council must by resolution determine, and must maintain, Guidelines 39 requiring specified processes and procedures to be followed in connection 40 with University commercial activities. 41 Page 8 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law (2) The Council may by resolution amend or replace the Guidelines from time to 1 time. 2 [9] Section 21B (5) and (6) 3 Omit the subsections. 4 [10] Section 30 Rules 5 Omit "10 (1) (c)-(g) and (8)" from section 30 (1). 6 Insert instead "10 (1) (c), (d) (ii), (e) (ii), (f) (ii), (g) (ii) and (8)". 7 [11] Section 30 (1) 8 Omit "29 (1) (b) and (k)". Insert instead "29 (1) (k)". 9 [12] Section 30 (1) 10 Omit "clauses 1 (1) (c) and (d) and 3 of Schedule 1". 11 Insert instead "clause 1 (1) (c) and (d) of Schedule 1 and clause 3 of that Schedule (to the 12 extent it relates to appointments)". 13 [13] Section 30 (1A)-(1C) 14 Insert after section 30 (1): 15 (1A) Despite subsection (1), only the Council may be empowered to make rules for 16 or with respect to which by-laws may be made concerning matters referred to 17 in sections 10 (1) (d) (iii), (e) (iii), (f) (iii) and (g) (iii) and 29 (1) (b) and 18 clause 3 of Schedule 1 (to the extent it relates to elections) (election rules). 19 (1B) Election rules must be consistent with sound and democratic electoral 20 practices, procedures and methods of voting. 21 (1C) The Council must ensure that any election rule it makes is made readily 22 available to the public by whatever means the Council considers appropriate 23 as soon as practicable after it is made. 24 [14] Schedule 2 Investment 25 Omit clause 2. 26 [15] Schedule 2, clause 2A 27 Omit the clause. Insert instead: 28 2A Funds managers 29 (1) The Council may engage a funds manager to act in relation to the management 30 of the funds belonging to or vested in the University. 31 (2) Such a funds manager may on behalf of the Council invest funds of the 32 University in any investment in which the funds manager is authorised to 33 invest its own funds or other funds. 34 [16] Schedule 3 Savings and transitional provisions 35 Omit clause 2 (1). Insert instead: 36 (1) The regulations may contain provisions of a savings or transitional nature 37 consequent on the enactment of this Act or any Act that amends this Act. 38 Page 9 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [17] Schedule 3, Part 9 1 Insert after Part 8: 2 Part 9 Provisions consequent on enactment of 3 Universities Legislation Amendment (Regulatory 4 Reforms) Act 2014 5 39 Definition 6 In this Part: 7 amending Act means the Universities Legislation Amendment (Regulatory 8 Reforms) Act 2014. 9 40 Guidelines for commercial activities 10 The Guidelines approved for the time being under section 21B, as in force 11 immediately before the amendments made to that section by the amending 12 Act, continue to have effect as if they were Guidelines determined by the 13 Council under that section as amended. 14 41 Existing investments 15 An amendment made to this Act by the amending Act does not affect the 16 appointment of a funds manager or the validity of any investment made by or 17 on behalf of the University before the commencement of the amendment. 18 42 Previously acquired land 19 Section 18 (2)-(3), as inserted by the amending Act, extend to land acquired 20 from the State before the insertion of those subsections. 21 1.4 University of New England Act 1993 No 68 22 [1] Section 6 Object and functions of University 23 Insert after section 6 (3) (a): 24 (a1) without limiting paragraph (a), the University may generate revenue for 25 the purpose of funding the promotion of its object and the carrying out 26 of its principal functions, 27 [2] Section 16 Functions of Council 28 Omit section 16 (1) (d). Insert instead: 29 (d) borrow money, 30 [3] Section 18 Powers of Council relating to property 31 Omit section 18 (1) (a). Insert instead: 32 (a) may acquire (whether by purchase, gift, grant, bequest, devise or 33 otherwise) any property for the purposes of this Act and may agree to 34 carry out the conditions of any such acquisition, and 35 [4] Section 18 (2)-(3) 36 Omit section 18 (2) and (3). Insert instead: 37 (2) The Council may, subject to this section, alienate, mortgage, charge or demise 38 any lands of the University. 39 Page 10 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law (2A) The Council must not alienate, mortgage, charge or demise any lands acquired 1 by the University from the State at nominal or less than market value except 2 with the approval of the Minister. 3 (3) Despite subsection (2A), the Council may, without the approval of the 4 Minister, lease any such lands if: 5 (a) the term of the lease does not exceed 21 years, and 6 (b) the Council is satisfied that it is to the benefit of the University, whether 7 from a financial or educational standpoint or otherwise, that the lease be 8 entered into. 9 [5] Section 18 (5) 10 Insert "grant," after "gift,". 11 [6] Section 19 Powers of Council over certain property vested in Crown 12 Omit section 19 (4) (a). Insert instead: 13 (a) must not be granted for a term (including any option for the grant of a 14 further term) exceeding 21 years except with the approval of the 15 Minister, and 16 [7] Section 21A Definitions 17 Omit "approved" from the definition of the Guidelines. Insert instead "determined". 18 [8] Section 21B Guidelines for commercial activities 19 Omit section 21B (1) and (2). Insert instead: 20 (1) The Council must by resolution determine, and must maintain, Guidelines 21 requiring specified processes and procedures to be followed in connection 22 with University commercial activities. 23 (2) The Council may by resolution amend or replace the Guidelines from time to 24 time. 25 [9] Section 21B (5) and (6) 26 Omit the subsections. 27 [10] Section 29 Rules 28 Omit "9 (1) (c)-(h) and (8)" from section 29 (1). 29 Insert instead "9 (1) (c), (d) (ii), (e) (ii), (f) (ii), (g) (ii) and (h) (ii) and (8)". 30 [11] Section 29 (1) 31 Omit "28 (1) (b) and (k)". Insert instead "28 (1) (k)". 32 [12] Section 29 (1) 33 Omit "clauses 1 (1) (c) and (d) and 3 of Schedule 1". 34 Insert instead "clause 1 (1) (c) and (d) of Schedule 1 and clause 3 of that Schedule (to the 35 extent it relates to appointments)". 36 [13] Section 29 (1A)-(1C) 37 Insert after section 29 (1): 38 (1A) Despite subsection (1), only the Council may be empowered to make rules for 39 or with respect to which by-laws may be made concerning matters referred to 40 Page 11 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law in sections 9 (1) (d) (iii), (e) (iii), (f) (iii), (g) (iii) and (h) (iii) and 28 (1) (b) 1 and clause 3 of Schedule 1 (to the extent it relates to elections) (election rules). 2 (1B) Election rules must be consistent with sound and democratic electoral 3 practices, procedures and methods of voting. 4 (1C) The Council must ensure that any election rule it makes is made readily 5 available to the public by whatever means the Council considers appropriate 6 as soon as practicable after it is made. 7 [14] Schedule 2 Investment 8 Omit clause 2. 9 [15] Schedule 2, clause 2A 10 Omit the clause. Insert instead: 11 2A Funds managers 12 (1) The Council may engage a funds manager to act in relation to the management 13 of the funds belonging to or vested in the University. 14 (2) Such a funds manager may on behalf of the Council invest funds of the 15 University in any investment in which the funds manager is authorised to 16 invest its own funds or other funds. 17 [16] Schedule 3 Savings and transitional provisions 18 Omit clause 2 (1). Insert instead: 19 (1) The regulations may contain provisions of a savings or transitional nature 20 consequent on the enactment of this Act or any Act that amends this Act. 21 [17] Schedule 3, Part 9 22 Insert after Part 8: 23 Part 9 Provisions consequent on enactment of 24 Universities Legislation Amendment (Regulatory 25 Reforms) Act 2014 26 43 Definition 27 In this Part: 28 amending Act means the Universities Legislation Amendment (Regulatory 29 Reforms) Act 2014. 30 44 Guidelines for commercial activities 31 The Guidelines approved for the time being under section 21B, as in force 32 immediately before the amendments made to that section by the amending 33 Act, continue to have effect as if they were Guidelines determined by the 34 Council under that section as amended. 35 45 Existing investments 36 An amendment made to this Act by the amending Act does not affect the 37 appointment of a funds manager or the validity of any investment made by or 38 on behalf of the University before the commencement of the amendment. 39 Page 12 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law 46 Previously acquired land 1 Section 18 (2)-(3), as inserted by the amending Act, extend to land acquired 2 from the State before the insertion of those subsections. 3 1.5 University of New South Wales Act 1989 No 125 4 [1] Section 6 Object and functions of University 5 Insert after section 6 (3) (a): 6 (a1) without limiting paragraph (a), the University may generate revenue for 7 the purpose of funding the promotion of its object and the carrying out 8 of its principal functions, 9 [2] Section 15 Functions of Council 10 Omit section 15 (1) (d). Insert instead: 11 (d) borrow money, 12 [3] Section 17 Powers of Council relating to property 13 Omit section 17 (1) (a). Insert instead: 14 (a) may acquire (whether by purchase, gift, grant, bequest, devise or 15 otherwise) any property for the purposes of this Act and may agree to 16 carry out the conditions of any such acquisition, and 17 [4] Section 17 (2)-(3) 18 Omit section 17 (2) and (3). Insert instead: 19 (2) The Council may, subject to this section, alienate, mortgage, charge or demise 20 any lands of the University. 21 (2A) The Council must not alienate, mortgage, charge or demise any lands acquired 22 by the University from the State at nominal or less than market value except 23 with the approval of the Minister. 24 (3) Despite subsection (2A), the Council may, without the approval of the 25 Minister, lease any such lands if: 26 (a) the term of the lease does not exceed 21 years, and 27 (b) the Council is satisfied that it is to the benefit of the University, whether 28 from a financial or educational standpoint or otherwise, that the lease be 29 entered into. 30 [5] Section 17 (5) 31 Insert "grant," after "gift,". 32 [6] Section 18 Powers of Council over certain property vested in Crown 33 Omit section 18 (4) (a). Insert instead: 34 (a) must not be granted for a term (including any option for the grant of a 35 further term) exceeding 21 years except with the approval of the 36 Minister, and 37 [7] Section 20A Definitions 38 Omit "approved" from the definition of the Guidelines. Insert instead "determined". 39 Page 13 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [8] Section 20B Guidelines for commercial activities 1 Omit section 20B (1) and (2). Insert instead: 2 (1) The Council must by resolution determine, and must maintain, Guidelines 3 requiring specified processes and procedures to be followed in connection 4 with University commercial activities. 5 (2) The Council may by resolution amend or replace the Guidelines from time to 6 time. 7 [9] Section 20B (5) and (6) 8 Omit the subsections. 9 [10] Section 28 Rules 10 Omit "8D, 8E" from section 28 (1). Insert instead "8D (2) (c) (i) and (3) (a), 8E (4)". 11 [11] Section 28 (1) 12 Omit "27 (1) (b) and (k)". Insert instead "27 (1) (k)". 13 [12] Section 28 (1) 14 Insert "(to the extent it relates to appointments)" after "Schedule 1". 15 [13] Section 28 (1A)-(1C) 16 Insert after section 28 (1): 17 (1A) Despite subsection (1), only the Council may be empowered to make rules for 18 or with respect to which by-laws may be made concerning matters referred to 19 in sections 8D (3) (b), 8E (2) (a) and 27 (1) (b) and clause 3 of Schedule 1 (to 20 the extent it relates to elections) (election rules). 21 (1B) Election rules must be consistent with sound and democratic electoral 22 practices, procedures and methods of voting. 23 (1C) The Council must ensure that any election rule it makes is made readily 24 available to the public by whatever means the Council considers appropriate 25 as soon as practicable after it is made. 26 [14] Schedule 2 Investment 27 Omit clause 2. 28 [15] Schedule 2, clause 2A 29 Omit the clause. Insert instead: 30 2A Funds managers 31 (1) The Council may engage a funds manager to act in relation to the management 32 of the funds belonging to or vested in the University. 33 (2) Such a funds manager may on behalf of the Council invest funds of the 34 University in any investment in which the funds manager is authorised to 35 invest its own funds or other funds. 36 [16] Schedule 3 Savings and transitional provisions 37 Omit clause 1A (1). Insert instead: 38 (1) The regulations may contain provisions of a savings or transitional nature 39 consequent on the enactment of this Act or any Act that amends this Act. 40 Page 14 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [17] Schedule 3, clauses 14-16 1 Insert after clause 13: 2 14 Guidelines for commercial activities 3 The Guidelines approved for the time being under section 20B, as in force 4 immediately before the amendments made to that section by the Universities 5 Legislation Amendment (Regulatory Reforms) Act 2014, continue to have 6 effect as if they were Guidelines determined by the Council under that section 7 as amended. 8 15 Existing investments 9 An amendment made to this Act by the Universities Legislation Amendment 10 (Regulatory Reforms) Act 2014 does not affect the appointment of a funds 11 manager or the validity of any investment made by or on behalf of the 12 University before the commencement of the amendment. 13 16 Previously acquired land 14 Section 17 (2)-(3), as inserted by the Universities Legislation Amendment 15 (Regulatory Reforms) Act 2014, extend to land acquired from the State before 16 the insertion of those subsections. 17 1.6 University of Newcastle Act 1989 No 68 18 [1] Section 6 Object and functions of University 19 Insert after section 6 (3) (a): 20 (a1) without limiting paragraph (a), the University may generate revenue for 21 the purpose of funding the promotion of its object and the carrying out 22 of its principal functions, 23 [2] Section 15 Academic Senate 24 Insert after section 15 (1) (a): 25 (a1) the person for the time being holding the office of President of the 26 Academic Senate (if the person is not the Vice-Chancellor), and 27 [3] Section 16 Functions of Council 28 Omit section 16 (1) (d). Insert instead: 29 (d) borrow money, 30 [4] Section 17 Delegation by Council 31 Insert at the end of the section: 32 (2) If a function of the Council is delegated to the Vice-Chancellor in accordance 33 with subsection (1) and the instrument of delegation authorises the 34 sub-delegation of the function, the Vice-Chancellor may (subject to any 35 condition to which the delegation is subject) sub-delegate the function to any 36 person or body referred to in subsection (1). 37 [5] Section 18 Powers of Council relating to property 38 Omit section 18 (1) (a). Insert instead: 39 (a) may acquire (whether by purchase, gift, grant, bequest, devise or 40 otherwise) any property for the purposes of this Act and may agree to 41 carry out the conditions of any such acquisition, and 42 Page 15 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [6] Section 18 (2)-(3) 1 Omit section 18 (2) and (3). Insert instead: 2 (2) The Council may, subject to this section, alienate, mortgage, charge or demise 3 any lands of the University. 4 (2A) The Council must not alienate, mortgage, charge or demise any lands acquired 5 by the University from the State at nominal or less than market value except 6 with the approval of the Minister. 7 (3) Despite subsection (2A), the Council may, without the approval of the 8 Minister, lease any such lands if: 9 (a) the term of the lease does not exceed 21 years, and 10 (b) the Council is satisfied that it is to the benefit of the University, whether 11 from a financial or educational standpoint or otherwise, that the lease be 12 entered into. 13 [7] Section 18 (5) 14 Insert "grant," after "gift,". 15 [8] Section 19 Powers of Council over certain property vested in Crown 16 Omit section 19 (4) (a). Insert instead: 17 (a) must not be granted for a term (including any option for the grant of a 18 further term) exceeding 21 years except with the approval of the 19 Minister, and 20 [9] Section 19 (4) (b) 21 Omit "shall" wherever occurring. Insert instead "must". 22 [10] Section 21A Definitions 23 Omit "approved" from the definition of the Guidelines. Insert instead "determined". 24 [11] Section 21B Guidelines for commercial activities 25 Omit section 21B (1) and (2). Insert instead: 26 (1) The Council must by resolution determine, and must maintain, Guidelines 27 requiring specified processes and procedures to be followed in connection 28 with University commercial activities. 29 (2) The Council may by resolution amend or replace the Guidelines from time to 30 time. 31 [12] Section 21B (5) and (6) 32 Omit the subsections. 33 [13] Section 29 Rules 34 Omit "8D, 8E" from section 29 (1). Insert instead "8D (2) (c) (i) and (3) (a), 8E (4)". 35 [14] Section 29 (1) 36 Omit "28 (1) (b) and (k)". Insert instead "28 (1) (k)". 37 [15] Section 29 (1) 38 Insert "(to the extent it relates to appointments)" after "Schedule 1". 39 Page 16 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [16] Section 29 (1A)-(1C) 1 Insert after section 29 (1): 2 (1A) Despite subsection (1), only the Council may be empowered to make rules for 3 or with respect to which by-laws may be made concerning matters referred to 4 in sections 8D (3) (b), 8E (2) (a) and 28 (1) (b) and clause 3 of Schedule 1 (to 5 the extent it relates to elections) (election rules). 6 (1B) Election rules must be consistent with sound and democratic electoral 7 practices, procedures and methods of voting. 8 (1C) The Council must ensure that any election rule it makes is made readily 9 available to the public by whatever means the Council considers appropriate 10 as soon as practicable after it is made. 11 [17] Schedule 2 Investment 12 Omit clause 2. 13 [18] Schedule 2, clause 2A 14 Omit the clause. Insert instead: 15 2A Funds managers 16 (1) The Council may engage a funds manager to act in relation to the management 17 of the funds belonging to or vested in the University. 18 (2) Such a funds manager may on behalf of the Council invest funds of the 19 University in any investment in which the funds manager is authorised to 20 invest its own funds or other funds. 21 [19] Schedule 3 Savings and transitional provisions 22 Omit clause 1A (1). Insert instead: 23 (1) The regulations may contain provisions of a savings or transitional nature 24 consequent on the enactment of this Act or any Act that amends this Act. 25 [20] Schedule 3, Part 6 26 Insert after Part 5: 27 Part 6 Provisions consequent on enactment of 28 Universities Legislation Amendment (Regulatory 29 Reforms) Act 2014 30 22 Definition 31 In this Part: 32 amending Act means the Universities Legislation Amendment (Regulatory 33 Reforms) Act 2014. 34 23 Academic Senate 35 The amendment made to section 15 by the amending Act does not affect the 36 continuity or legal status of the Academic Senate. 37 24 Guidelines for commercial activities 38 The Guidelines approved for the time being under section 21B, as in force 39 immediately before the amendments made to that section by the amending 40 Page 17 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law Act, continue to have effect as if they were Guidelines determined by the 1 Council under that section as amended. 2 25 Existing investments 3 An amendment made to this Act by the amending Act does not affect the 4 appointment of a funds manager or the validity of any investment made by or 5 on behalf of the University before the commencement of the amendment. 6 26 Previously acquired land 7 Section 18 (2)-(3), as inserted by the amending Act, extend to land acquired 8 from the State before the insertion of those subsections. 9 1.7 University of Sydney Act 1989 No 124 10 [1] Section 6 Object and functions of University 11 Insert after section 6 (3) (a): 12 (a1) without limiting paragraph (a), the University may generate revenue for 13 the purpose of funding the promotion of its object and the carrying out 14 of its principal functions, 15 [2] Section 16 Functions of Senate 16 Omit section 16 (1) (d). Insert instead: 17 (d) borrow money, 18 [3] Section 18 Powers of Senate relating to property 19 Omit section 18 (1) (a). Insert instead: 20 (a) may acquire (whether by purchase, gift, grant, bequest, devise or 21 otherwise) any property for the purposes of this Act and may agree to 22 carry out the conditions of any such acquisition, and 23 [4] Section 18 (2)-(3) 24 Omit section 18 (2) and (3). Insert instead: 25 (2) The Senate may, subject to this section, alienate, mortgage, charge or demise 26 any lands of the University. 27 (2A) The Senate must not alienate, mortgage, charge or demise any lands acquired 28 by the University from the State at nominal or less than market value except 29 with the approval of the Minister. 30 (3) Despite subsection (2A), the Senate may, without the approval of the Minister, 31 lease any such lands if: 32 (a) the term of the lease does not exceed 21 years, and 33 (b) the Senate is satisfied that it is to the benefit of the University, whether 34 from a financial or educational standpoint or otherwise, that the lease be 35 entered into. 36 [5] Section 18 (5) 37 Insert "grant," after "gift,". 38 Page 18 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [6] Section 19 Powers of Senate over certain property vested in Crown 1 Omit section 19 (4) (a). Insert instead: 2 (a) must not be granted for a term (including any option for the grant of a 3 further term) exceeding 21 years except with the approval of the 4 Minister, and 5 [7] Section 26A Definitions 6 Omit "approved" from the definition of the Guidelines. Insert instead "determined". 7 [8] Section 26B Guidelines for commercial activities 8 Omit section 26B (1) and (2). Insert instead: 9 (1) The Senate must by resolution determine, and must maintain, Guidelines 10 requiring specified processes and procedures to be followed in connection 11 with University commercial activities. 12 (2) The Senate may by resolution amend or replace the Guidelines from time to 13 time. 14 [9] Section 26B (5) and (6) 15 Omit the subsections. 16 [10] Section 37 Rules 17 Omit "9 (1) (d)-(h), (6) and (8)" from section 37 (1). 18 Insert instead "9 (1) (d) (ii), (e) (ii), (f) (ii), (g) (ii) and (h) (ii), (6) and (8)". 19 [11] Section 37 (1) 20 Omit "36 (1) (b) and (k)". Insert instead "36 (1) (k)". 21 [12] Section 37 (1) 22 Omit "clauses 1 (1) (c) and (d) and 3 of Schedule 1". 23 Insert instead "clause 1 (1) (c) and (d) of Schedule 1 and clause 3 of that Schedule (to the 24 extent it relates to appointments)". 25 [13] Section 37 (1A)-(1C) 26 Insert after section 37 (1): 27 (1A) Despite subsection (1), only the Senate may be empowered to make rules for 28 or with respect to which by-laws may be made concerning matters referred to 29 in sections 9 (1) (d) (iii), (e) (iii), (f) (iii), (g) (iii) and (h) (iii) and 36 (1) (b) 30 and clause 3 of Schedule 1 (to the extent it relates to elections) (election rules). 31 (1B) Election rules must be consistent with sound and democratic electoral 32 practices, procedures and methods of voting. 33 (1C) The Senate must ensure that any election rule it makes is made readily 34 available to the public by whatever means the Senate considers appropriate as 35 soon as practicable after it is made. 36 [14] Schedule 2 Investment 37 Omit clause 2. 38 Page 19 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [15] Schedule 2, clause 2A 1 Omit the clause. Insert instead: 2 2A Funds managers 3 (1) The Senate may engage a funds manager to act in relation to the management 4 of the funds belonging to or vested in the University. 5 (2) Such a funds manager may on behalf of the Senate invest funds of the 6 University in any investment in which the funds manager is authorised to 7 invest its own funds or other funds. 8 [16] Schedule 3 Savings and transitional provisions 9 Omit clause 1A (1). Insert instead: 10 (1) The regulations may contain provisions of a savings or transitional nature 11 consequent on the enactment of this Act or any Act that amends this Act. 12 [17] Schedule 3, clauses 15-17 13 Insert after clause 14: 14 15 Guidelines for commercial activities 15 The Guidelines approved for the time being under section 26B, as in force 16 immediately before the amendments made to that section by the Universities 17 Legislation Amendment (Regulatory Reforms) Act 2014, continue to have 18 effect as if they were Guidelines determined by the Senate under that section 19 as amended. 20 16 Existing investments 21 An amendment made to this Act by the Universities Legislation Amendment 22 (Regulatory Reforms) Act 2014 does not affect the appointment of a funds 23 manager or the validity of any investment made by or on behalf of the 24 University before the commencement of the amendment. 25 17 Previously acquired land 26 Section 18 (2)-(3), as inserted by the Universities Legislation Amendment 27 (Regulatory Reforms) Act 2014, extend to land acquired from the State before 28 the insertion of those subsections. 29 1.8 University of Technology, Sydney, Act 1989 No 69 30 [1] Section 6 Object and functions of University 31 Insert after section 6 (3) (a): 32 (a1) without limiting paragraph (a), the University may generate revenue for 33 the purpose of funding the promotion of its object and the carrying out 34 of its principal functions, 35 [2] Section 16 Functions of Council 36 Omit section 16 (1) (d). Insert instead: 37 (d) borrow money, 38 Page 20 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [3] Section 18 Powers of Council relating to property 1 Omit section 18 (1) (a). Insert instead: 2 (a) may acquire (whether by purchase, gift, grant, bequest, devise or 3 otherwise) any property for the purposes of this Act and may agree to 4 carry out the conditions of any such acquisition, and 5 [4] Section 18 (2)-(3) 6 Omit section 18 (2) and (3). Insert instead: 7 (2) The Council may, subject to this section, alienate, mortgage, charge or demise 8 any lands of the University. 9 (2A) The Council must not alienate, mortgage, charge or demise any lands acquired 10 by the University from the State at nominal or less than market value except 11 with the approval of the Minister. 12 (3) Despite subsection (2A), the Council may, without the approval of the 13 Minister, lease any such lands if: 14 (a) the term of the lease does not exceed 21 years, and 15 (b) the Council is satisfied that it is to the benefit of the University, whether 16 from a financial or educational standpoint or otherwise, that the lease be 17 entered into. 18 [5] Section 18 (5) 19 Insert "grant," after "gift,". 20 [6] Section 19 Powers of Council over certain property vested in Crown 21 Omit section 19 (4) (a). Insert instead: 22 (a) must not be granted for a term (including any option for the grant of a 23 further term) exceeding 21 years except with the approval of the 24 Minister, and 25 [7] Section 19 (4) (b) 26 Omit "shall" wherever occurring. Insert instead "must". 27 [8] Section 21A Definitions 28 Omit "approved" from the definition of the Guidelines. Insert instead "determined". 29 [9] Section 21B Guidelines for commercial activities 30 Omit section 21B (1) and (2). Insert instead: 31 (1) The Council must by resolution determine, and must maintain, Guidelines 32 requiring specified processes and procedures to be followed in connection 33 with University commercial activities. 34 (2) The Council may by resolution amend or replace the Guidelines from time to 35 time. 36 [10] Section 21B (5) and (6) 37 Omit the subsections. 38 [11] Section 29 Rules 39 Omit "8D, 8E" from section 29 (1). Insert instead "8D (2) (c) (i) and (3) (a), 8E (4)". 40 Page 21 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [12] Section 29 (1) 1 Omit "28 (1) (b) and (k) and clauses 1 (1) (c) and (d) and". 2 Insert instead "28 (1) (k) and clause". 3 [13] Section 29 (1) 4 Insert "(to the extent it relates to appointments)" after "Schedule 1". 5 [14] Section 29 (1A)-(1C) 6 Insert after section 29 (1): 7 (1A) Despite subsection (1), only the Council may be empowered to make rules for 8 or with respect to which by-laws may be made concerning matters referred to 9 in sections 8D (3) (b), 8E (2) (a) and 28 (1) (b) and clause 3 of Schedule 1 (to 10 the extent it relates to elections) (election rules). 11 (1B) Election rules must be consistent with sound and democratic electoral 12 practices, procedures and methods of voting. 13 (1C) The Council must ensure that any election rule it makes is made readily 14 available to the public by whatever means the Council considers appropriate 15 as soon as practicable after it is made. 16 [15] Schedule 2 Investment 17 Omit clause 2. 18 [16] Schedule 2, clause 2A 19 Omit the clause. Insert instead: 20 2A Funds managers 21 (1) The Council may engage a funds manager to act in relation to the management 22 of the funds belonging to or vested in the University. 23 (2) Such a funds manager may on behalf of the Council invest funds of the 24 University in any investment in which the funds manager is authorised to 25 invest its own funds or other funds. 26 [17] Schedule 3 Savings and transitional provisions 27 Omit clause 1A (1). Insert instead: 28 (1) The regulations may contain provisions of a savings or transitional nature 29 consequent on the enactment of this Act or any Act that amends this Act. 30 [18] Schedule 3, Part 6 31 Insert after Part 5: 32 Part 6 Provisions consequent on enactment of 33 Universities Legislation Amendment (Regulatory 34 Reforms) Act 2014 35 22 Definition 36 In this Part: 37 amending Act means the Universities Legislation Amendment (Regulatory 38 Reforms) Act 2014. 39 Page 22 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law 23 Guidelines for commercial activities 1 The Guidelines approved for the time being under section 21B, as in force 2 immediately before the amendments made to that section by the amending 3 Act, continue to have effect as if they were Guidelines determined by the 4 Council under that section as amended. 5 24 Existing investments 6 An amendment made to this Act by the amending Act does not affect the 7 appointment of a funds manager or the validity of any investment made by or 8 on behalf of the University before the commencement of the amendment. 9 25 Previously acquired land 10 Section 18 (2)-(3), as inserted by the amending Act, extend to land acquired 11 from the State before the insertion of those subsections. 12 1.9 University of Western Sydney Act 1997 No 116 13 [1] Section 8 Object and functions of University 14 Insert after section 8 (3) (a): 15 (a1) without limiting paragraph (a), the University may generate revenue for 16 the purpose of funding the promotion of its object and the carrying out 17 of its principal functions, 18 [2] Section 22 Functions of Board 19 Omit section 22 (1) (e). Insert instead: 20 (e) borrow money, 21 [3] Section 24 Powers of Board relating to property 22 Omit section 24 (1) (a). Insert instead: 23 (a) may acquire (whether by purchase, gift, grant, bequest, devise or 24 otherwise) any property for the purposes of this Act and may agree to 25 carry out the conditions of any such acquisition, and 26 [4] Section 24 (2)-(3) 27 Omit section 24 (2) and (3). Insert instead: 28 (2) The Board may, subject to this section, alienate, mortgage, charge or demise 29 any lands of the University. 30 (2A) The Board must not alienate, mortgage, charge or demise any lands acquired 31 by the University from the State at nominal or less than market value except 32 with the approval of the Minister. 33 (3) Despite subsection (2A), the Board may, without the approval of the Minister, 34 lease any such lands if: 35 (a) the term of the lease does not exceed 21 years, and 36 (b) the Board is satisfied that it is to the benefit of the University, whether 37 from a financial or educational standpoint or otherwise, that the lease be 38 entered into. 39 [5] Section 24 (5) 40 Insert "grant," after "gift,". 41 Page 23 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [6] Section 26 Powers of Board over certain property vested in Crown 1 Omit section 26 (4) (a). Insert instead: 2 (a) must not be granted for a term (including any option for the grant of a 3 further term) exceeding 21 years except with the approval of the 4 Minister, and 5 [7] Section 32A Definitions 6 Omit "approved" from the definition of the Guidelines. Insert instead "determined". 7 [8] Section 32B Guidelines for commercial activities 8 Omit section 32B (1) and (2). Insert instead: 9 (1) The Board must by resolution determine, and must maintain, Guidelines 10 requiring specified processes and procedures to be followed in connection 11 with University commercial activities. 12 (2) The Board may by resolution amend or replace the Guidelines from time to 13 time. 14 [9] Section 32B (5) and (6) 15 Omit the subsections. 16 [10] Section 41 Rules 17 Omit "12 (1) (c)-(h) and (8)" from section 41 (1). 18 Insert instead "12 (1) (c), (d) (ii), (e) (ii), (f) (ii), (g) (ii) and (h) (ii) and (8)". 19 [11] Section 41 (1) 20 Omit "40 (1) (b)". Insert instead "40 (1) (ja)". 21 [12] Section 41 (1) 22 Omit "clauses 1 (1) (c) and (d) and 3 of Schedule 1". 23 Insert instead "clause 1 (1) (c) and (d) of Schedule 1 and clause 3 of that Schedule (to the 24 extent it relates to appointments)". 25 [13] Section 41 (1A)-(1C) 26 Insert after section 41 (1): 27 (1A) Despite subsection (1), only the Board may be empowered to make rules for 28 or with respect to which by-laws may be made concerning matters referred to 29 in sections 12 (1) (d) (iii), (e) (iii), (f) (iii), (g) (iii) and (h) (iii) and 40 (1) (b) 30 and clause 3 of Schedule 1 (to the extent it relates to elections) (election rules). 31 (1B) Election rules must be consistent with sound and democratic electoral 32 practices, procedures and methods of voting. 33 (1C) The Board must ensure that any election rule it makes is made readily 34 available to the public by whatever means the Board considers appropriate as 35 soon as practicable after it is made. 36 [14] Schedule 2 Investment 37 Omit clause 2. 38 Page 24 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [15] Schedule 2, clause 2A 1 Omit the clause. Insert instead: 2 2A Funds managers 3 (1) The Board may engage a funds manager to act in relation to the management 4 of the funds belonging to or vested in the University. 5 (2) Such a funds manager may on behalf of the Board invest funds of the 6 University in any investment in which the funds manager is authorised to 7 invest its own funds or other funds. 8 [16] Schedule 4 Savings, transitional and other provisions 9 Omit clause 1 (1). Insert instead: 10 (1) The regulations may contain provisions of a savings or transitional nature 11 consequent on the enactment of this Act or any Act that amends this Act. 12 [17] Schedule 4, Part 6 13 Insert after Part 5: 14 Part 6 Provisions consequent on enactment of 15 Universities Legislation Amendment (Regulatory 16 Reforms) Act 2014 17 32 Definition 18 In this Part: 19 amending Act means the Universities Legislation Amendment (Regulatory 20 Reforms) Act 2014. 21 33 Guidelines for commercial activities 22 The Guidelines approved for the time being under section 32B, as in force 23 immediately before the amendments made to that section by the amending 24 Act, continue to have effect as if they were Guidelines determined by the 25 Board under that section as amended. 26 34 Existing investments 27 An amendment made to this Act by the amending Act does not affect the 28 appointment of a funds manager or the validity of any investment made by or 29 on behalf of the University before the commencement of the amendment. 30 35 Previously acquired land 31 Section 24 (2)-(3), as inserted by the amending Act, extend to land acquired 32 from the State before the insertion of those subsections. 33 1.10 University of Wollongong Act 1989 No 127 34 [1] Section 4 Establishment of University 35 Omit section 4 (b). 36 Page 25 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [2] Section 6 Object and functions of University 1 Insert after section 6 (3) (a): 2 (a1) without limiting paragraph (a), the University may generate revenue for 3 the purpose of funding the promotion of its object and the carrying out 4 of its principal functions, 5 [3] Section 14 Convocation 6 Omit the section. 7 [4] Section 16 Functions of Council 8 Omit section 16 (1) (d). Insert instead: 9 (d) borrow money, 10 [5] Section 17 Delegation by Council 11 Insert at the end of the section: 12 (2) If a function of the Council is delegated to the Vice-Chancellor in accordance 13 with subsection (1) and the instrument of delegation authorises the 14 sub-delegation of the function, the Vice-Chancellor may (subject to any 15 condition to which the delegation is subject) sub-delegate the function to any 16 person or body referred to in subsection (1). 17 [6] Section 18 Powers of Council relating to property 18 Omit section 18 (1) (a). Insert instead: 19 (a) may acquire (whether by purchase, gift, grant, bequest, devise or 20 otherwise) any property for the purposes of this Act and may agree to 21 carry out the conditions of any such acquisition, and 22 [7] Section 18 (2)-(3) 23 Omit section 18 (2) and (3). Insert instead: 24 (2) The Council may, subject to this section, alienate, mortgage, charge or demise 25 any lands of the University. 26 (2A) The Council must not alienate, mortgage, charge or demise any lands acquired 27 by the University from the State at nominal or less than market value except 28 with the approval of the Minister. 29 (3) Despite subsection (2A), the Council may, without the approval of the 30 Minister, lease any such lands if: 31 (a) the term of the lease does not exceed 21 years, and 32 (b) the Council is satisfied that it is to the benefit of the University, whether 33 from a financial or educational standpoint or otherwise, that the lease be 34 entered into. 35 [8] Section 18 (5) 36 Insert "grant," after "gift,". 37 [9] Section 19 Powers of Council over certain property vested in Crown 38 Omit section 19 (4) (a). Insert instead: 39 (a) must not be granted for a term (including any option for the grant of a 40 further term) exceeding 21 years except with the approval of the 41 Minister, and 42 Page 26 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law [10] Section 21A Definitions 1 Omit "approved" from the definition of the Guidelines. Insert instead "determined". 2 [11] Section 21B Guidelines for commercial activities 3 Omit section 21B (1) and (2). Insert instead: 4 (1) The Council must by resolution determine, and must maintain, Guidelines 5 requiring specified processes and procedures to be followed in connection 6 with University commercial activities. 7 (2) The Council may by resolution amend or replace the Guidelines from time to 8 time. 9 [12] Section 21B (5) and (6) 10 Omit the subsections. 11 [13] Section 25 Exemption from membership of body corporate 12 Omit "or of Convocation, or both". 13 [14] Section 29 Rules 14 Omit "8D, 8E" from section 29 (1). Insert instead "8D (2) (c) (i) and (3) (a), 8E (4)". 15 [15] Section 29 (1) 16 Omit "14 (1), 16 (1) (d) and (e), 23 and 28 (1) (b) and (k)". 17 Insert instead "16 (1) (d) and (e), 23 and 28 (1) (k)". 18 [16] Section 29 (1) 19 Insert "(to the extent it relates to appointments)" after "Schedule 1". 20 [17] Section 29 (1A)-(1C) 21 Insert after section 29 (1): 22 (1A) Despite subsection (1), only the Council may be empowered to make rules for 23 or with respect to which by-laws may be made concerning matters referred to 24 in sections 8D (3) (b), 8E (2) (a) and 28 (1) (b) and clause 3 of Schedule 1 (to 25 the extent it relates to elections) (election rules). 26 (1B) Election rules must be consistent with sound and democratic electoral 27 practices, procedures and methods of voting. 28 (1C) The Council must ensure that any election rule it makes is made readily 29 available to the public by whatever means the Council considers appropriate 30 as soon as practicable after it is made. 31 [18] Schedule 2 Investment 32 Omit clause 2. 33 [19] Schedule 2, clause 2A 34 Omit the clause. Insert instead: 35 2A Funds managers 36 (1) The Council may engage a funds manager to act in relation to the management 37 of the funds belonging to or vested in the University. 38 Page 27 Universities Legislation Amendment (Regulatory Reforms) Bill 2014 [NSW] Schedule 1 Amendment of Acts and by-law (2) Such a funds manager may on behalf of the Council invest funds of the 1 University in any investment in which the funds manager is authorised to 2 invest its own funds or other funds. 3 [20] Schedule 3 Savings and transitional provisions 4 Omit clause 1A (1). Insert instead: 5 (1) The regulations may contain provisions of a savings or transitional nature 6 consequent on the enactment of this Act or any Act that amends this Act. 7 [21] Schedule 3, clauses 15-18 8 Insert after clause 14: 9 15 Guidelines for commercial activities 10 The Guidelines approved for the time being under section 21B, as in force 11 immediately before the amendments made to that section by the Universities 12 Legislation Amendment (Regulatory Reforms) Act 2014, continue to have 13 effect as if they were Guidelines determined by the Council under that section 14 as amended. 15 16 Existing investments 16 An amendment made to this Act by the Universities Legislation Amendment 17 (Regulatory Reforms) Act 2014 does not affect the appointment of a funds 18 manager or the validity of any investment made by or on behalf of the 19 University before the commencement of the amendment. 20 17 Convocation 21 The repeal of section 4 (b) by the Universities Legislation Amendment 22 (Regulatory Reforms) Act 2014 does not affect the continuity or legal status of 23 the University. 24 18 Previously acquired land 25 Section 18 (2)-(3), as inserted by the Universities Legislation Amendment 26 (Regulatory Reforms) Act 2014, extend to land acquired from the State before 27 the insertion of those subsections. 28 1.11 University of Wollongong By-law 2005 29 Part 11 Convocation 30 Omit the Part. 31 Page 28
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