The requirement for a Governing Body for Institutes of Technology and the method of their appointment are set out in Section 6 of the Regional Technical Colleges Act 1992 (the Act). This section was amended by Section 4 of the Regional Technical Colleges (Amendment) Act 1994 (the Amendment Act) and Section 109 of the Higher Education Authority Act 2022 (the Higher Education Authority Act).
The Governing Body is accountable to the Minister for Further and Higher Education, Research, Innovation and Science and is responsible for ensuring good governance. The Governing Body is collectively responsible for leading and directing the Institutes’ activities and fulfils key functions, including:
- Reviewing and guiding strategic direction and major plans of action
- Risk management policies and procedures,
- Annual budgets and business plans
- Setting performance objectives
- Monitoring implementation and Institute performance
- Overseeing major capital expenditure and investment decisions.
The Governing Body acts on a fully informed and ethical basis, in good faith, with due diligence and care, and in the best interest of the Institute, having due regard to its legal responsibilities and the objectives set by Government
