Western Australian Consolidated Acts

MURDOCH UNIVERSITY ACT 1973 - SECT 20B

20B .         Senate to include detail in Statute

        (1)         The Senate shall specify, by Statute, the broad categories of amenities and services to which the Guild may apply the fees paid to it.

        (2)         The Senate shall prescribe, by Statute, the processes for —

            (a)         determining the broad categories of amenities and services to which the Guild may apply the fees; and

            (b)         resolving disputes that arise in the process of those determinations.

        (3)         The Senate shall prescribe, by Statute, the measures by which the Guild is to account for the fees received, and those measures shall include —

            (a)         a requirement that the annual financial statements of the Guild are to be audited by an independent external auditor whose appointment requires Senate approval; and

            (b)         a requirement for the Guild to provide a copy of each audited balance sheet, and an annual statement of the Guild’s income and expenditure, to the Senate.

        (4)         The Senate shall prescribe, by Statute, the process for reaching agreement between the Senate and the Guild about the expenditure of the part of the amenities and services fees not paid to the Guild.

        [Section 20B inserted by No. 44 of 2002 s. 11.]