s.3Establishment of College
3
Section 3Part 0 —

Establishment of College

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There is established a body corporate called the University College of the Cayman Islands which shall have perpetual succession and a common seal and, for the purpose of carrying out its functions under this Law, may buy, sell, hold, deal and otherwise acquire and dispose of land and other property of whatsoever nature and may sue and be sued in its corporate name.
The government, management and control of the College is vested in the Board of Governors appointed in accordance with subsection (3).
The Board shall consist of the President, who shall be a member ex-officio, and the following other members appointed by the Governor —
a representative of the Minister of Finance;
a representative of the Minister;
six members selected from lists to be obtained from bodies representing financial, industrial, commercial or other institutions and from professional organisations;
if the Governor considers it desirable, not more than two members from outside the Islands, one or both of whom may or may not be honorary members, who have, in the opinion of the Governor, appropriate academic qualifications or experience, an honorary member not being entitled to vote at meetings of the Board; and
two other members,
and all members mentioned in paragraphs (a) to (e) shall, subject to subsection (14), be appointed for three years and be eligible for re-appointment. The Governor shall fill any vacancy which arises in the Board.
The validity of any proceedings of the Board shall not be affected by any vacancy amongst the members or by any defect in the appointment of a member.
The Governor shall appoint —
two members appointed under subsection (3)(c) as chairman and deputy chairman, respectively; or
two members appointed under subsection (3)(e) as chairman and deputy chairman, respectively; or
one member appointed under subsection (3)(c) and one member appointed under subsection (3)(e), as chairman and deputy chairman, respectively, or vice versa.
The Governor may appoint a person to be a temporary member to act for a member whom he is satisfied is incapacitated by reason of illness, absence from the Islands or other sufficient cause from performing the duties of his office, during such incapacity. A temporary member so appointed shall, while he acts as such, be deemed for all purposes to be a member of the Board.
The Governor shall cause every appointment, removal, resignation or death of a member to be gazetted.
The seal of the College shall be authenticated by the chairman or a member authorised by the chairman in that behalf, and by the secretary. All documents not required by law to be under seal may be signed by the chairman, by any member authorised by the chairman in that behalf or by the secretary. The seal shall be judicially noted.
The Board shall meet at least four times in every calendar year. The chairman shall call a special meeting within seven days of the receipt by him of a requisition for that purpose addressed to him by any three members.
The chairman or, in his absence, the deputy chairman shall preside at all meetings of the Board.
Six members of the Board shall form a quorum at a meeting.
Decisions of the Board at a meeting shall be arrived at by a majority vote; the chairman at a meeting having a casting vote in the event of a tie but not an original vote.
The Governor, on the recommendation of the Board, shall appoint the secretary of the Board, who shall be present at all meetings and shall take minutes of the business transacted. A copy of all minutes shall be transmitted to the Minister immediately they have been confirmed.
Any member, other than a public officer, may resign his office by giving notice in writing to the Governor, but the resignation shall not take effect until such notice has been received.
Subject to this Law and any regulations made under it, the Board has the power to regulate its own procedures, including the manner in which matters subject to the determination of the Board are to be determined.

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