Part 10. Definitions and Abbreviations

The following terms and abbreviations have been used in the text:


Audit and Scrutiny Committee

the Audit and Scrutiny Committee of Council (Council Regulations 15 of 2002)

Budgetary unit

each division, department, institution, budget-holding committee and board of or within the University


an agreement which is enforceable by or against the University and/or any of its subsidiaries under the law of any jurisdiction; and also any memorandum of understanding, letter of intent or the like which (although not of itself legally enforceable) sets the agenda for a subsequent binding agreement


the Capital Steering Group (Council Regulations 15 of 2002)

CUF Lecturers

Common University Fund lecturers: these are posts jointly funded by a college and the University

Finance Committee

the Finance Committee of Council: (Council Regulations 15 of 2002)

OfS Framework

regulatory framework for higher education in England

Financial processes

such detailed financial operating procedures in conformity with the regulations as may be promulgated from time to time by the Director of Finance

Head of unit

the head of a budgetary unit: that is, the heads of divisions, departments and institutions, and the chairs of any budget-holding committees or boards which are not within the divisional structure


Office for Students (OfS) (or any successor body)


hospitality can be received or provided. The Gifts and Hospitality policy and the expenses policy  identify the University policy on accommodation-related and entertainment-related expenses and benefits. Staff should note the personal tax liability that may arise on benefits received

Investment Committee

the Investment Committee of Council (Council Regulations 15 of 2002)


the Legal Services Office in the UAS

Officers of the University

the University's regulations define the following as officers of the University:
Acting Vice-Chancellor
Proctors and Assessors
Registrar and other officials
Verger of the University
Officers and other persons who are required to reside within the University


this concept is used in these regulations and to help interpretation the following definition is offered: broadly speaking, information is material if it could influence users' decisions judged in the particular circumstances of the case


the Planning and Resource Allocation Committee of Council (Council Regulations 15 of 2002)


the Oxford University Press (Statute XVIII and Council Regulations 20 of 2002)

Principal investigator

the academic that manages research awards and contracts

Real property

immovable property, such as land and buildings


the Research Services Section of the University Administration

Statutes and regulations

the statutes and regulations of the University in force for the time being

Subsidiary companies

companies limited by shares or by guarantee which are wholly owned by the University


those bodies defined as University societies in Statute V


University Administration and Services


Value Added Tax (or any tax replacing it)


Value For Money, as determined by the economy, efficiency and effectiveness of expenditures or resources (Council Regulations 15 of 2002)