CQUniversity Annual Report - Central Queensland University

42
Central Queensland University
and Controlled Entities
Notes to the Financial Statements
for the year ended 31 December 2012
(b) Council and Board Members
University Council Members
The University Council is the governing body of the University, as set out in the Central Queensland University Act 1998 and is
responsible for managing and controlling the University's affairs, property and finances. The council must act in the manner that is
most likely to promote the University's interests and acts in all matters to advance the interests and aspirations of the University.
Membership of the Council is set out in ss 12-16 of the Act.
Council members have a duty to act honestly and with integrity; to exercise due care, skill and diligence in their duties; to make
appropriately informed decisions; and to act at all times in the interests of the University.
CQU Travel Centre Pty Ltd Board Members
Board members of CQU Travel Centre Pty Ltd are responsible for applying governance and oversight of the management of the
business and for ensuring the profitable operation on a sustainable basis. They approve the strategic direction and operations of
the Company in accordance with sound corporate governance protocols.
The two board members are also key executive management personnel of Central Queensland University and were appointed by
authority of the Company's Shareholder on 17 January 2006 and 23 June 2010 respectively.
Australian International Campuses Pty Ltd Board Members
Board members of Australian International Campuses Pty Ltd are responsible for applying governance and oversight of the
management of the business and for ensuring the profitable operation on a sustainable basis. They approve the strategic direction
and operations of the Company in accordance with sound corporate governance protocols.
The two current board members are also Members of the University Council and were appointed by authority of the Company's
Shareholder on 5 November 2008 and 22 February 2011 respectively.
C Management Services Pty Ltd Board Members
Board members of C Management Services Pty Ltd are responsible for ensuring that the Company complies with the objects as set
out in its constitution, governance and oversight of the management of the business and for ensuring the profitable operation on a
sustainable basis. The Company's Board of Directors approve the strategic direction and operations of the Company in
accordance with sound corporate governance protocols.
Three of the current board members are also Members of the University Council and were appointed by authority of the Company's
Shareholder on 26 August 2003, 20 November 2003 and 2 September 2009 respectively.
Health Train Education Services Pty Ltd Board Members
Board members of Health Train Education Services Pty Ltd are responsible for applying governance and oversight of the
management of the business and for ensuring the profitable operation on a sustainable basis. They approve the strategic direction
and operations of the Company in accordance with sound corporate governance protocols.
The two board members are also key executive management personnel of Central Queensland University and were appointed by
authority of the Company's Shareholder on 5 June 2012.
CQU Institute of Higher Learning Pte Ltd Board Members
Board members of CQU Institute of Higher Learning Pte Ltd are responsible for applying governance and oversight of the
management of the business and for ensuring the profitable operation on a sustainable basis. They approve the strategic direction
and operations of the Company in accordance with sound corporate governance protocols.
Three board members are also key executive management personnel of Central Queensland University and were appointed by
authority of the Company's Shareholders on 9 March 2012.