SEC. 7. Powers and Duties of the Board of Regents. – The
Board shall have the following specific powers and duties, in addition
to its general powers of administration and the exercise of all the
powers granted to the board of directors of a corporation under existing
laws:
(a) To promulgate and implement policies in accordance with the
declared State policies and the provisions of the Philippine
Constitution on education, agriculture, science and technology, as well
as the policies, standards and thrusts of the CHED under Republic Act
No. 7722, otherwise known as the “Higher Education Act of 1994″;
(b) To promulgate rules and regulations not contrary to law as
may be necessary to carry out the purposes and functions of the
University;
(c) To receive and appropriate all sums as may be provided for
the support of the University in the manner it may determine in its
discretion, in order to carry out the purposes and functions of the
University;
(d) To import economic, technical and cultural books and/or publications;
(e) To receive in trust legacies, gifts and donations of real
and personal properties of all kinds and to administer and dispose of
the same when necessary for the benefit of the University, and subject
to the limitations, directions and instructions of the donor, if any;
(f) To fix the tuition fees and other necessary school 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 interests that shall accrue therefrom shall form part of the
same funds for the use of the University.
Any provision of existing laws, rules and regulations to the
contrary notwithstanding, any income generated by the University from
tuition fees and other charges, as well as from the operation of
auxiliary services and land grants, shall be retained by the University,
and may be disbursed by the Board for instruction, research, extension
or other programs/projects of the University: Provided, That all fiduciary fees shall be disbursed for the specific purposes for which these are collected.
If, for reasons beyond its control, the University shall not be
able to pursue any project for which the funds have been appropriated
and allocated under its approved program of expenditures, the Board may
authorize the use of said funds for any reasonable purpose which, in its
discretion, may be necessary and urgent for the attainment of the
objectives and goals of the University;
(g) To adopt and implement a socialized scheme of tuition and school fees for greater access to poor but deserving students;
(h) To authorize the construction or repair of its buildings,
machinery, equipment and other facilities, and the purchase and
acquisition of real property, including necessary supplies, materials
and equipment;
(i) To appoint, upon recommendation of the President of the
University, Vice Presidents, deans, directors, heads of campuses,
faculty members and other officials and employees of the University;
(j) To fix and adjust salaries of faculty members and
administrative officials and employees, subject to the provisions of the
Revised Compensation and Position Classification System and other
pertinent budget and compensation laws governing hours of service, and
such other duties and conditions as it may deem proper; to grant them,
at its discretion, leaves of absence under such regulations as it may
promulgate, any provision of existing law to the contrary
notwithstanding; and to remove them for cause in accordance with the
requirements of due process of law;
(k) To approve the curricula, instructional programs and rules
of discipline drawn by the Administrative and the Academic Councils
herein provided;
(l) To set policies on admission and graduation of students;
(m) To award honorary degrees upon persons in recognition of their
outstanding contribution in the fields of education, public service,
arts, science and technology, agriculture or in any field of
specialization within the academic competence of the University; and to
authorize the awarding of certificates of completion of nondegree and
nontraditional courses;
(n) To establish and absorb nonchartered tertiary institutions
within the Province of Catanduanes as branches and centers in
coordination with the CHED, and in consultation with the Department of
Budget and Management (DBM), and to offer therein programs or courses,
to promote and carry out equal access to educational opportunities as
mandated by the Constitution;
(o) To establish research and extension centers of the University where such will promote the development of the latter;
(p) To establish professorial chairs in the University and to
provide fellowships for qualified faculty members and scholarships to
deserving students;
(q) To delegate any of its powers and duties provided for
hereinabove to the President and/or other officials of the University as
it may deem appropriate, so as to expedite the administration of the
affairs of the University;
(r) To authorize an external management audit of the
University, to be financed by the CHED, subject to the rules and
regulations of the Commission on Audit (COA); and to institute reforms,
including academic and structural changes, on the basis of the audit
results and recommendations;
(s) To collaborate with other governing board s of the state
colleges and universities within the Province of Catanduanes or Region
V, under the supervision of the CHED and in consultation with the DBM,
and work towards the restructuring of the University to become more
efficient, relevant, productive and competitive;
(t) To enter into joint ventures with business and industry for
the profitable development and management of the economic assets of the
University, the proceeds from which shall be used for the development
and strengthening of the University;
(u) To develop consortia and other economic forms of linkages
with local government units (LGUs), institutions and agencies, both
public and private, local and foreign, in the furtherance of the
purposes and objectives of the University;
(v) To develop academic arrangements for institutional capability
building with appropriate institutions and agencies, public and private,
local and foreign, and to appoint experts/specialists as consultants,
part-time or visiting or exchange professors, scholars, researchers, as
the case may be;
(w) To setup the adoption of modern and innovative modes of
transmitting knowledge such as the use of information technology, the
dual learning system, open or distance education and community
laboratory for the promotion of greater access to education;
(x) To establish policy guidelines and procedures for participative decision-making and transparency within the University;
(y) To privatize, where most advantageous to the University, the
management of nonacademic services such as health, food, building or
grounds or property maintenance and such other similar activities; and
(z) To extend the term of the President of the University
beyond the age of retirement but not beyond the age of seventy (70),
whose performance has been unanimously rated by the Board as
outstanding: based on the guidelines, qualifications and/or standards
set by the Board, after unanimous recommendation by the search
committee.