No 6430
Wednesday 15 June 2016
Vol cxlvi No 35
pp. 634–677
15 June, Wednesday. Congregation of the Regent House at 2.45 p.m. (Honorary Degrees). Scarlet Day.
18 June, Saturday. Easter Term ends.
22 June, Wednesday. Congregation of the Regent House at 10 a.m. (General Admission). Scarlet Day.
23 June, Thursday. Congregation of the Regent House at 10 a.m. (General Admission). Scarlet Day.
24 June, Friday. Congregation of the Regent House at 10 a.m. (General Admission). Scarlet Day.
25 June, Saturday. Congregation of the Regent House at 10 a.m. (General Admission). Scarlet Day.
5 July, Tuesday. Discussion of the Regent House at 2 p.m. (see below).
15 July, Friday. Congregation of the Regent House at 10 a.m.
16 July, Saturday. Congregation of the Regent House at 10 a.m.
The Vice-Chancellor invites those qualified under the regulations for Discussions (Statutes and Ordinances, p. 107) to attend a Discussion in the Senate-House, on Tuesday, 5 July 2016, at 2 p.m. for the discussion of:
1. Report of the General Board, dated 1 June 2016, on Senior Academic Promotions (Reporter, 6429, 2015–16, p. 628).
2. Report of the Council, dated 13 June 2016, on a University Statement on Freedom of Speech and the Code of Practice issued under section 43 of the Education (No 2) Act 1986 (p. 640).
3. First-stage Report of the Council, dated 13 June 2016, on the construction of a new building for the Department of Engineering in West Cambridge (p. 643).
The Vice-Chancellor gives notice that he has received from the Governing Body of Downing College, in accordance with the provisions of Section 7(2) of the Universities of Oxford and Cambridge Act 1923, the text of proposed Statutes to amend the Statutes of the College. The proposed amendments and the current Statutes of the College may be viewed on the College’s website at http://www.dow.cam.ac.uk/documents/about/Statutes_Amendments_13-6-16.pdf and http://www.dow.cam.ac.uk/index.php/about/documents/32-statutes.
Paper copies may be inspected at the University Offices until 10 a.m. on 1 July 2016.
The Council has considered the remarks made at the Discussion on 10 May 2016 (Reporter, 6426, 2015–16, p. 560) concerning the following topic of concern (Reporter, 6423, 2015–16, p. 479):
That the Regent House, as the governing body of the University, consider the impact of existing measures taken in view of the Prevent regulations, as well as anticipated and possible other measures; their likely effectiveness; their compatibility with academic freedom and human rights; and the appropriate governance of these measures.
The Council shares the concerns expressed by many speakers about aspects of the Prevent duty and, in particular, the language and rhetoric surrounding it. In particular, the Council takes very seriously the concerns expressed around issues of academic freedom and inclusion.
However, Prevent is now law and the University and Colleges must comply. As the Pro-Vice-Chancellor (Institutional and International Relations) noted, the duty must be seen in the context of other legislation and, in particular, the Education Reform Act 1988 and the Education (No 2) Act 1986. The Council further notes the important additional protections enshrined in the Human Rights Act 1998 and the Equality Act 2010 and which are embedded in the University’s policies and procedures. The rights and freedoms which these various provisions confer are not limited or compromised by the Prevent duty. The Council considers that the University’s commitment to the exercise of its duties under all of this legislation will provide a safeguard against the risk, to which a number of speakers referred, of stigmatizing or marginalizing any particular group of staff or students. The University is committed to inclusivity and diversity and has equality and diversity policies and procedures in place.
The Council agrees with Professor Anderson that it is important that the University remains an inclusive, supportive, and liberal environment and with Dr Yaqoob and other speakers that the University should vocally champion the principles of freedom of speech and academic freedom. Indeed, the Council, at its meeting on 13 June 2016, considered and approved a Statement on Freedom of Speech as a companion to a slightly amended Code of Practice under section 43 of the Education (No 2) Act 1986 (Freedom of speech in universities, polytechnics and colleges). A Report to the University is in this week’s Reporter (see p. 640).
The HEFCE states in its Monitoring Framework that it expects Higher Education Institutions to assess Prevent-related risks in their own context and to take ‘appropriate and proportionate actions in response to their assessment of those risks.’ Dr Ranganathan suggests that the vagueness of the Prevent legislation is a risk because it might result in an inappropriate or disproportionate response. The Council acknowledges this risk but considers that the approach which the Pro-Vice-Chancellor (Institutional and International Relations) set out in her Discussion remarks (and, in particular, the intention to draw on existing policies and procedures) is risk-based, restrained, sensitive, and light touch. It is the Council’s intention that the Prevent duty will not stop any member of the University community from engaging in any activity in which they currently legitimately engage, nor impose any requirement which does not sit comfortably with the University’s mission and values. The Council will monitor the impact of any new provisions and remain vigilant against any creep in their interpretation. It will also continue to take seriously the concerns of its members about the Prevent legislation and to maintain a consultative and iterative approach. The Council agrees with Mr Allen that the views and engagement of the student body will continue to be of fundamental importance.
The Council notes the views of Professor Anderson (in his personal capacity) and Dr Powles that the risk of individuals being drawn into terrorism is low, and that the collegiate nature of the University mitigates it further. However, the Council does not believe that the collegiate nature of the University is a ‘magic formula’ which will ensure that individuals will not be drawn into terrorism. Certainly, the existing excellent levels of pastoral and welfare support and the interaction of individuals from different backgrounds and disciplines significantly reduce the risk, but they do not eliminate it, just as they do not stop staff and students from committing other types of criminal acts or engaging in behaviours which are potentially a danger to themselves and others.
Professor Anderson notes that the Prevent duty guidance requires the University to consider the use of IT filtering as a means of restricting access to certain web content. The Prevent Committee has considered the matter and the Council, at its meeting on 13 June, received and approved the Committee’s recommendation that no further action with regard to filtering be taken at this time.
Professor Evans suggests that the Counter-Terrorism legislation seeks to require prospective external speakers to demonstrate in detail the content of their presentation fourteen days in advance. This is not the case: no such requirement features in the Counter-Terrorism and Security Act 2015 or in the associated Prevent guidance or in the HEFCE’s Monitoring Framework. She also suggests that the Council did not see the preliminary submission to HEFCE. In fact the Council received and approved the submission at its meeting on 18 January 2016. There is a University Prevent website at: http://www.prevent.admin.cam.ac.uk/. It is intended that materials will be added to this site as they are approved through the usual processes. Finally, Professor Evans questions what is, for Prevent purposes, the University’s governing body. While the Regent House is termed the governing body of the University in the University’s Statutes and Ordinances, the Council, as the principal executive and policy-making body of the University, is its governing body for the purposes of Part 5 of the Counter-Terrorism and Security Act 2015.
In 2008, the Council approved a Statement of Investment Responsibility (Reporter, 6158, 2008–09, p. 1002), commended by the Executive Committee (now titled the Advisory Committee on Benefactions and External and Legal Affairs) and the Investment Board.
In May 2015, the Council endorsed the establishment of a working group of the Advisory Committee on Benefactions and External and Legal Affairs to consider whether any changes to the current Statement of Investment Responsibility should be recommended, taking into account the integration of environmental, social, and governance considerations into investment practice, the mission and core values of the University and the relevance, performance, and scope of potential investment approaches and asset allocation strategies (Reporter, 6387, 2014–15, p. 540 and 6390, 2014-15, p. 616). The Council has now received the report of that working group and endorsed its recommendations, including the adoption of a revised version of the Statement, which is now published below for the information of the University. The working group’s report is available at http://www.admin.cam.ac.uk/reporter/2015-16/weekly/6430/Investment-Responsibility-Wkg-Grp-Report.pdf.
1. The University’s mission is ‘to contribute to society through the pursuit of education, learning, and research at the highest international levels of excellence’. All the resources of the University are ultimately applied to this charitable purpose. Its core values include freedom of thought and expression and freedom from discrimination, as well as concern for sustainability and the relationship with the environment.
2. The University’s investment assets are concentrated in the Cambridge University Endowment Fund (CUEF).
3. The Council has established an Investment Board and an Investment Office. The Investment Board advises the Council through the Finance Committee on matters relating to the University’s investments, working closely with the University’s Investment Office. The Board proposes and agrees with the Council investment objectives and an investment strategy appropriate to those objectives, recommends for agreement asset allocation limits, and advises on the appointment of managers for these funds who operate under instruction from the Chief Investment Officer.
4. CUEF, managed by the Investment Office, primarily makes indirect investments. The investment portfolio is allocated between various asset classes (for example publicly-traded equities, bonds, real assets, absolute return (hedge funds), private equity, and bonds). Investments will be made by fund managers specializing in each asset class appointed with a discretionary mandate to outperform within that asset class.
5. Therefore, typically, securities in trading companies will not be managed or held directly by the CUEF, but indirectly through investment in other funds (index funds, exchange traded funds, hedge funds, private equity funds, and partnerships and other vehicles). Of these indirect investments, a large proportion may not be readily marketable.
6. The University holds certain non-operational assets in addition to its investments in the CUEF, including properties not in operational use let for commercial returns and investments in University spin-out companies. The majority of these investments are not held on solely financial investment grounds.
7. The primary fiduciary responsibility of the Council in investing and managing the University’s endowment and other financial investment assets is to maximize the financial return on those resources, taking into account the amount of risk within the University’s established investment policy. However, there are circumstances, described in Charity Commission guidance (see CC14 – Charities and investment matters: a guide for trustees, available at http://www.charitycommission.gov.uk/publications/cc14.aspx) and founded in judicial decisions, when the University may balance against its primary responsibility considerations of the ethical nature of investments.
8. When investing and managing the non-operational estate, holdings in spin-out companies and similar investments, including in circumstances where the investment cannot be entirely justified on financial investment grounds alone, the Council is responsible for ensuring that the investment is in the best interests of the University and that it too reflects its underlying values.
9. The Investment Office will take due care to ensure that its management reflects the interests and values of the University. The Office’s exercise of this duty will include actively engaging with fund managers and investee companies to ensure that these interests and values are reflected in how holdings are acquired, managed, and traded, insofar as such considerations are consistent with a primary mandate to generate return.
10. The University’s Advisory Committee on Benefactions and External and Legal Affairs is responsible for keeping the policy on Investment Responsibility under review. Without prejudice to its power to review the policy at any time in so far as it considers it necessary to do so, the Committee will meet for this purpose with the University’s Chief Investment Officer and Director of Finance at least once a year. The CUSU Socially Responsible Investment Officer(s) will be invited to attend these meetings. Any matters relating to the application of the policy should be addressed in writing to the Registrary.
The Council proposes 2017–18 fees which have been recommended by the relevant bodies for the M.St. courses as set out in Schedule 1.
The Council is submitting a Grace to the Regent House (Grace 1, p. 646) for the approval of the fees set out in the Schedule attached to this Notice.
|
Qualification |
Annual Fee (£) |
|
|
M.St. Degree: two-year part-time courses in |
Home/EU |
Overseas |
|
|
2017–18 |
2017–18 |
|
Advanced Subject Teaching |
|
|
|
Course commencing in August 2016 |
6,702 |
13,401 |
|
Course commencing in September 2017 |
6,903 |
14,205 |
|
|
|
|
|
Applied Criminology and Police Management |
|
|
|
Course commencing in March 2016 |
5,232 |
5,232 |
|
Course commencing in March 2017 |
7,500 |
7,500 |
|
|
|
|
|
Applied Criminology, Penology, and Management |
|
|
|
Course commencing in March 2016 |
5,232 |
5,232 |
|
Course commencing in March 2017 |
6,501 |
6,501 |
|
|
|
|
|
Building History |
|
|
|
Course commencing in October 2016 |
7,250 |
10,250 |
|
Course commencing in October 2017 |
7,251 |
10,251 |
|
|
|
|
|
Clinical Medicine |
|
|
|
Course commencing in October 2016 |
5,751 |
9,114 |
|
Course commencing in October 2017 |
5,925 |
9,660 |
|
|
|
|
|
Construction Engineering |
|
|
|
Course commencing in September 2016 |
11,010 |
11,010 |
|
Course commencing in September 2017 |
11,229 |
11,229 |
|
|
|
|
|
Creative Writing |
|
|
|
Course commencing in October 2016 |
6,702 |
13,401 |
|
Course commencing in October 2017 |
6,903 |
13,803 |
|
|
|
|
|
History |
|
|
|
Course commencing in September 2016 |
6,702 |
13,401 |
|
Course commencing in September 2017 |
6,903 |
13,803 |
|
|
|
|
|
Interdisciplinary Design for the Built Environment |
|
|
|
Course commencing in September 2016 |
7,080 |
7,080 |
|
Course commencing in September 2017 |
8,001 |
8,001 |
|
|
|
|
|
International Relations |
|
|
|
No course commencing in September 2016 |
- |
- |
|
Course commencing in September 2017 |
7,500 |
12,000 |
|
|
|
|
|
Genomic Medicine (two-year programme) |
|
|
|
Course commencing in October 2016 |
6,000 |
14,591 |
|
Course commencing in October 2017 |
6,000 |
27,792 |
|
|
|
|
|
Genomic Medicine (one-year programme after the Diploma) |
|
|
|
Course commencing in October 2016 |
8,400 |
19,455 |
|
No course commencing in October 2017 |
- |
- |
|
|
|
|
|
Real Estate |
|
|
|
Course commencing in September 2016 |
10,002 |
10,002 |
|
Course commencing in September 2017 |
10,302 |
10,302 |
|
|
|
|
|
Social Innovation Leadership |
|
|
|
Course commencing in September 2016 |
15,000 |
15,000 |
|
Course commencing in September 2017 |
15,000 |
15,000 |
|
|
|
|
|
Sustainability Leadership |
|
|
|
Course commencing in September 2016 |
11,391 |
11,391 |
|
Course commencing in September 2017 |
11,571 |
11,733 |