sec.3Function and powers of university company

### sec.3 Function and powers of university company The function of the university company is to pursue, within the limits of financial resources available to it, the objects provided by its memorandum of association, and in particular, the university company may award and confer degrees, diplomas and other awards as awards of a tertiary educational institution. In the discharge of its function the university company has and may exercise within the limits of financial resources available to it the powers conferred on it by its memorandum of association and in particular— may do all such things as are necessary or reasonably desirable for the proper maintenance, promotion or operation of Bond University; and may establish, abolish, replace and add to faculties, departments, schools or other organisational sections or units within Bond University as the university council thinks fit. Nothing in this section shall be construed to excuse or exempt the university company from complying with law that apart from this Act would apply to the company. (sec.3-ssec.1) The function of the university company is to pursue, within the limits of financial resources available to it, the objects provided by its memorandum of association, and in particular, the university company may award and confer degrees, diplomas and other awards as awards of a tertiary educational institution. (sec.3-ssec.2) In the discharge of its function the university company has and may exercise within the limits of financial resources available to it the powers conferred on it by its memorandum of association and in particular— may do all such things as are necessary or reasonably desirable for the proper maintenance, promotion or operation of Bond University; and may establish, abolish, replace and add to faculties, departments, schools or other organisational sections or units within Bond University as the university council thinks fit. (sec.3-ssec.3) Nothing in this section shall be construed to excuse or exempt the university company from complying with law that apart from this Act would apply to the company. - (a) may do all such things as are necessary or reasonably desirable for the proper maintenance, promotion or operation of Bond University; and - (b) may establish, abolish, replace and add to faculties, departments, schools or other organisational sections or units within Bond University as the university council thinks fit.