Delegation
8. The University Court may not delegate—
(a)its responsibility for ensuring the University remains solvent;
(b)the approval of strategic direction or significant policy matters affecting the University;
(c)the employment arrangements and monitoring of performance of the Principal;
(d)its role in relation to the variation, amendment or revocation of this Order;
(e)the approval of an annual business plan and annual budget;
(f)the approval of the strategy for risk management;
(g)the review and the monitoring of the management of the University and its performance;
(h)the approval of the University’s annual audited accounts; or
(i)any matter which is material to—
(i)safeguarding the property, assets or undertaking of the University;
(ii)approving any significant commercial activities involving the University;
(iii)establishing and monitoring systems of control and accountability within the University; or
(iv)strategy for establishing and monitoring of any entity with which the University is involved.