Adelaide University Act 2023

The Funds Advisory Committee is established.

The advisory committee is to consist of up to 5 members of whom—

up to 3 members may be appointed by the Treasurer (including 1 member nominated by the Treasurer to be the presiding member of the committee (and that member will preside at meetings of the committee)); and

up to 2 members may be appointed by the Council, on terms and conditions specified in the Fund guidelines.

The advisory committee should, as far as practicable, consist of people who—

have experience in education and, in particular, higher education; or

have financial management experience or commercial expertise (demonstrated by relevant qualifications or relevant experience at a senior level).

The Fund guidelines may make further provision in relation to the functions of the advisory committee.