Bulletin Supplement Feb 1968

6. As soon as practicable after the end of the financial year, a balance sheet and income and expenditure account with supporting schedules shall be submitted to the auditors. 7. The audited accounts, with any comments thereon made by the auditors, shall be submitted to the Council. 8. Nothing in this Statute shall deprive the Council of power to invest surpluses or prospective surpluses at any time. S T A T U T E 11 T H E ADMINISTRATIVE AND ACADEMIC-PLANNING COMMITTEE 1. The Administrative and Academic-Planning Committee shall consist of the Vice-Chancellor as Chairman, and the Presidents, or, in their absence, the Acting Presidents, of the several Colleges as members. The University Registrar, or in his absence, the Deputy Registrar, shall serve as Secretary. 2. Subject to the provisions of the Ordinance and the Statutes, it shall be the duty of the Administrative and Academic-Planning Committee — (a) to assist the Vice-Chancellor in the performance of his duties ； ( b) to initiate plans of University development; (c) to assist the Vice-Chancellor in reviewing and co-ordinating the annual and supplementary estimates of recurrent and capital expenditures of the Colleges and those for the central activities of the University, before transmitting them to the Finance Committee of the Council ; (d) to review all proposed academic and administrative appointments by the Colleges and the University that are at and above the level of Tutors and Demonstrators or their equivalent (except College Presidents and Vice-Presidents) before these appointmnets are made by the appropriate authorities ； ( e) to be informed of all clerical and technical appointments by the Colleges and the University; (f) to deal with other matters referred to it by the Council. 3. The Administrative and Academic-Planning Committee shall report to the Council through the Vice-Chancellor. S T A T U T E 12 T H E SENATE 1. Members of the Senate whose membership derives from the provisions of paragraphs (a), (b), (c), (d), ( f ) and (h) of section 16 of the Ordinance shall remain members of the Senate for so long as they hold the office or appointment by reason of which they became members of the Senate. 2. Elected members shall hold office for two years from the date of their election and shall be eligible for re-election provided that they shall cease to be members of the Senate if they cease to be Senior Lecturers or Recognized Lecturers within the College by whose members they were elected or if they become Directors of University Studies. Should an elected member die or resign from, the Senate or cease to be a Senior Lecturer or Recognized Lecturer within the College by whose members he was elected or become a Director of University Studies a successor shall be duly elected who shall be a member of the Senate for the unexpired period of membership of his predecessor. 3. Subject to the Ordinance and Statutes, the Senate shall have the following powers and duties — (a) to promote research by members of the University ； (b) to regulate the admission of persons to approved courses of study and their attendance at such courses; (c) to direct and regulate the instruction and teaching in approved courses of study and to conduct the examinations leading to degrees, diplomas, certificates and other awards of the University; (d) to make, after report from the Faculties concerned, all regulations for giving effect to the Statutes and decrees relating to approved courses of study and examinations ； (e) to appoint internal examiners after report from the Boards of Studies concerned; ( f ) to recommend after report from the Boards of Studies concerned external examiner s for appointment by the Council; 12