Statutes and Ordinances of the University of Cambridge
Statute A
THE CHANCELLOR AND THE GOVERNMENT OF THE UNIVERSITY

Chapter V

COMMITTEES OF THE COUNCIL

1. There shall be

  1. (a)the following standing committees of the Council: the Finance Committee and the Audit Committee;
  2. (b)such other committees, whether standing or occasional, as may be appointed by the Council from time to time.

2.Repealed by Grace 1 of 9 February 2005 and by Order in Council dated 14 December 2005.

3.Repealed by Grace 1 of 9 February 2005 and by Order in Council dated 14 December 2005.

4. The Finance Committee shall consist of:

  1. (a)the Vice-Chancellor, or a duly appointed deputy, who shall be Chairman;
  2. (b)such number of persons as shall be determined by Ordinance, elected or appointed in a manner prescribed by Ordinance;

provided that

  1. (i)the membership of the Committee shall include three persons elected by representatives of the Colleges;
  2. (ii)not less than three members of the Committee (including the Vice-Chancellor) shall be members of the Council.

5. It shall be the duty of the Finance Committee

  1. (a)to advise the Council on the management of the University's assets, including real property, moneys, and securities;
  2. (b)to perform such other duties as may be assigned to it by Statute or Ordinance or by the Council.

6.Repealed by Grace 1 of 9 February 2005 and by Order in Council dated 14 December 2005.

7.Repealed by Grace 1 of 9 February 2005 and by Order in Council dated 14 December 2005.

8. Subject to the provisions of Statute A, IV, 2(e), the composition of the Audit Committee shall be determined by Ordinance. The Audit Committee shall perform such duties as may be assigned to it by Statute or Ordinance.