LEDGER TECHNOLOGIES

L.N. 310 of 2018

EDUCATION ACT

(CAP. 327)

STATUTE FOR THE CENTRE FOR DISTRIBUTED

LEDGER TECHNOLOGIES

IN EXERCISE of the powers conferred upon him by articles 74(5) and 75(6)

of the Education Act (Cap. 327), the Chancellor of the University of Malta has pro-

mulgated the following Statute made by the Council of the University of Malta in vir-

tue of the powers conferred upon it by articles 72(h), 75(2) and 77(c) of the said Act

Citation

This statute may be cited as the Statute for the Centre for Distributed Ledger

Technologies.

Applicability

This statute shall be applicable from 1 September 2018.

Interpretation

In this Statute, unless the context otherwise requires

“Associate Member” is the title given to Council appointed academic members

of staff whose substantive post is with a department, faculty, institute, centre or school

and who also gives service to another department, faculty, institute, centre or school.

“the Board” shall mean the Board of the Centre for Distributed Ledger

Technologies; and

“the Centre” shall mean the Centre for Distributed Ledger Technologies.

Establishment

The Centre for Distributed Ledger Technologies is hereby established as an

institution of the University of Malta.

Objective and Functions

The aims of the Centre shall be

(a) to support the growth and development of Blockchain and Distributed

Ledger Technologies (DLT) in Malta on strategic, educational, research, commercial

and entrepreneurial levels;

(b) to deliver a world-class education in blockchain and DLT studies spanning

the related technical disciplines including: smart contract and distributed application

development; and blockchain and DLT system internals; and their intersection with

legal and regulatory aspects; financial, cryptocurrency and management aspects;

economics; and related management and entrepreneurial studies;

(c) to supply various faculties, institutes, centres and schools with Blockchain

and DLT related teaching at various academic levels;

(d) to develop study-units and undergraduate and postgraduate programmes of

study;

(e) to assist in generating and coordinating research and funding efforts related

to Blockchain and DLT;

(f) to engage in world-class, cutting-edge Blockchain and DLT research

disseminated in leading conferences, journals and books in the field;

(g) to participate in international research collaborations, funded or otherwise,

with leading institutions in the field;

(h) to take a leading role in the development of the international Blockchain

and DLT research community through participation in networking events, conference

organization, chairing and reviewing committees of such conferences, journals and

books; and

(i) to promote further interdisciplinary collaboration within the University and

through its engagement with specialists outside academia.

Governance

The Centre shall be governed by a Board that shall consist of the

following

(i) Chairman: Rector or delegate;

(ii) Vice-Chairman: Director of the Centre;

(iii) a person appointed by the Council of the University;

(iv) up to six Resident Academics having backgrounds relevant to the work of

the Centre, appointed by the Senate of the University;

(v) up to two representatives elected by and from the students registered within

the Centre; and

(vi) up to five persons possessing expertise and experience in the field of DLTs

and related technologies, to be recommended by the Board and approved by Senate.

The Registrar or delegate shall act as Secretary to the Board.

All members of the Board, other than those appointed ex officio, and the two

student representatives shall be appointed for a period of one year, renewable for up

to four years. A retiring member will be eligible for re-appointment.

The functions of the Board shall be

(a) to govern the affairs of the Centre, subject to the provisions of these statutes

and of such regulations, policies or directions as may from time to time be approved

by the Council and the Senate;

(b) to decide the policy of the Centre, to supervise its activities and administration,

and without prejudice to the generality of the foregoing, the Board may

(i) approve business plans and annual estimates of revenue and expenditure of

the Centre for consideration and approval by the Council;

(ii) with the written concurrence of the Rector, to enter into agreements with

third parties for funding of the Centre or of particular activities;

(iii) publish an annual report;

(iv) enrol the Centre in associations or institutions sharing similar aims and

interests;

(v) propose Regulations and Bye-Laws to the Senate;

(vi) require from staff members of the Centre the production of reports on

academic matters, including the curricula of courses of study, qualifications for

admission to courses, examinations, and certificates of attendance or qualification;

(vii) recommend to the Council the creation or removal of academic and non-

academic posts in the Centre; and

(viii) propose for approval to the Senate, Boards of Studies and Examiners for

programmes of study.

Appointment of Director and Staff

The Centre shall have a Director and Staff

(a) the Director of the Centre shall be appointed according to the procedure for

the appointment of Directors of Institutes, Centres and Schools as approved by the

Council of the University, for a duration of one year, with the possibility of renewal

annually subject to established performance criteria, the needs of the Centre and the

needs of the University, for a total period not exceeding four (4) years; and

(b) the Director shall be assisted by administrative staff, academic associate

members and Research Support Officers.

Duties of the Director

The duties of the Vice-Chairman/Director shall be

(a) as stipulated in the Manual of Conduct and Procedures of the Collective

Agreement for Academic Staff of the University of Malta and Academic Staff of the

Junior College; and

(b) any other duties which shall be assigned to the Director from time to time,

provided that such duties shall be congruent with the objectives and functions of the

Centre.

Treasurer

The Director of Finance of the University shall be the Treasurer of the

Centre.

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