This legislation has been repealed.
The Council7. The Council (1) The Council is the governing authority of the University and has the direction and superintendence of the University. (1A) The primary responsibilities of the Council include- (a) appointing and monitoring the performance of the Vice Chancellor as chief executive officer of the University; (b) approving the mission and strategic direction of the University and its annual budget and business plan; (c) overseeing and reviewing the management of the University and its performance; (d) establishing policy and procedural principles for the operation of the University consistent with legal requirements and community expectations; (e) approving and monitoring systems of control and accountability of the University, including those required to maintain a general overview of any entity controlled by the University in accordance with section 50AA of the Corporations Act; (f) overseeing and monitoring the assessment and management of risk across the University, including commercial undertakings; (g) overseeing and monitoring the academic activities of the University; (h) approving any significant commercial activities of the University. (2) The Council shall consist of- (a) the Chancellor; (b) the Vice-Chancellor; (c) two persons elected by the board or boards established under the Statutes to be responsible for academic programs and courses of study in higher education and technical and further education in the University; * * * * * (e) 3 persons elected by and from the staff of the University prescribed by the Statutes; (f) 2 persons elected by and from the students enrolled at the University prescribed by the Statutes; (g) 6 persons appointed by the Governor in Council; (h) one person appointed by the Minister; (i) 6 persons appointed by the Council. (3) If one of the persons elected under subsection (2)(c) is not a professor or an associate professor, one of the members of staff elected under subsection (2)(e) must be elected from the staff who are professors or associate professors. (4) The Governor in Council, the Minister and the Council must have regard to appointing members to the Council who have- (a) the knowledge, skills and experience required for the effective working of the Council; (b) an appreciation of the values of a University relating to teaching, research, independence and academic freedom; (c) the capacity to recognise the needs of the external community served by the University. (4A) Of the persons appointed under subsections (2)(g) and (2)(i)- (a) two must be persons with financial expertise with relevant qualifications and experience in financial management at a senior level; (b) one must be a person with commercial expertise at a senior level; (c) one must be a person who has substantial knowledge or experience of vocational education and training; (d) one must be a person who resides in the Outer Eastern Region of Melbourne. (5) Members appointed under subsection (2)(g) or (i) must not be persons who are employed as staff, or are, students at, the University. (6) Not more than 3 of the members appointed under subsection (2)(g) and (i) may be persons whose normal place of residence is outside Australia. (7) At least 12 members of the Council must be persons who are neither enrolled as a student nor employed as a member of staff of the University. (8) A person who is a member of the Parliament of Victoria or of the Commonwealth or of any other State or Territory of Australia must not be elected or appointed to the Council except under subsection (2)(i). (9) Elections of members of the Council are to be conducted in accordance with the requirements of this Act and the Statutes.