Page 13 - Manual-of-Operation-Merged
P. 13
CvSU MANUAL OF OPERATIONS
________________________________________________________________________ 13
RULE III
GOVERNANCE
Article 1. The Board of Regents. The governance of the University shall be
vested in the Board of Regents (BOR). The composition and qualifications
of the members of the Board of Regents, unless otherwise superseded by
a more recent law or decree to that effect, shall follow those specified in
REPUBLIC ACT 8468, “AN ACT CONVERTING THE DON SEVERINO
AGRICULTURAL COLLEGE IN THE MUNICIPALITY OF INDANG,
PROVINCE OF CAVITE INTO A STATE UNIVERSITY TO BE KNOWN AS
THE CAVITE STATE UNIVERSITY”, 22 January 1998.
Article 2. Powers and Duties of the BOR. The Board of Regents shall
have the following powers and duties, in addition to its general powers
of administration and the exercise of all the powers granted to a Board of
Directors of a Corporation under Section 36 of Batas Pambansa Blg. 68,
otherwise known as the Corporation Code of the Philippines:
a) Enact rules and regulations not contrary to law as may be necessary
to carry out the purposes and functions of the University.
b) Receive and appropriate all sums as may be provided, for the support
of the University, in its discretion, to carry out the purpose and
function of the University;
c) Receive in trust legacies, gifts, donations of real and personal
properties of all kinds and to administer and dispose the same when
necessary for the benefit of the University, and subject to the
limitations, directions, and instructions, if any, of the donor. Such
donations shall be exempt from all taxes and shall be considered as
deductible items from the income tax of the donor;
d) Fix the tuition and other necessary schools charges, such as but not
limited to, matriculation fees, graduation fees and laboratory fees, as
the Board may deem proper to impose, after due consultations with
the involved sectors;
Such fees and charges, including government subsidies and other
income generated by the University shall constitute special trust funds and
shall be deposited in any authorized government depository bank, and all
interest that shall accrue there from shall form part of the same fund for the
use of the University, provided, that the income derived from the University
hospital or clinic shall be exclusively earmarked for the operation expenses
of the hospital or clinic.
13