6.—(1) The Board shall assume the conduct of the School from 1st January 2009.(2) The Board shall —| (a) | formulate policies for the School, to enable the Principal and his staff to provide education for the pupils of the School, which are not inconsistent with the national education policies set by the Ministry of Education; | | (b) | formulate policies for the recruitment of teaching staff and other employees of the School; | | (c) | regulate the terms and conditions of engagement of the Principal, Deputy Principal, Financial Controller, teaching staff and other employees of the School; | | (d) | regulate the criteria for admission of pupils to the School and determine the fees payable by the pupils or any class of pupils; | | (e) | promote a high standard of all round education which will enable every pupil of the School to progress towards the pupil’s overall best in character and personality development as well as academic achievements; and | | (f) | promote and safeguard the image, reputation and character of the School. |
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(3) In addition to the powers conferred upon the Board under the Act and any other law, the Board may —| (a) | provide such facilities for the pupils and staff of the School as it considers necessary; | | (b) | raise funds necessary for the operational and development needs of the School and for providing financial assistance to needy pupils; | | (c) | subject to any rules laid down by the Ministry of Education, establish scholarships, trust funds and endowments for the School and its pupils and the teaching staff; | | (d) | approve the terms and conditions of service of the teaching staff and other employees of the School, including terms and conditions relating to schemes of service, remuneration, leave, benefits and discipline; | | (e) | institute such financial control procedures as may be expedient to ensure that all funds are protected by way of controls over income, operating and capital expenditures, assets and liabilities, and are expended prudently and in the interests of the School; | | (f) | subject to any applicable Bye-law and the approval of the Board, do any of the following in connection, directly or indirectly, with paragraph (2) and the other sub-paragraphs in this paragraph for the benefit of the School:| (i) | carry on the business of investment holding and undertake and transact all kinds of investment holding business, and in particular invest its moneys in, or otherwise acquire, hold and deal with, such property, securities or financial instruments as the Board may deem fit, including but not limited to forming and participating in the formation of entities for the holding of its assets and property; and | | (ii) | carry on any commercial operation or business, or acquire, undertake and dispose of any commercial operation, business or corporation; and |
| | (g) | do all such things as may be necessary, incidental or conducive to the discharge of its functions and powers. |
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| (4) The Board may form or constitute an advisory board to advise and guide the Board in its execution of its powers and conduct of its affairs under this Constitution, but such advisory board shall have no management responsibilities or duties. |
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