STATUTE REGARDING IMMOVABLE PROPERTY OVER WHICH THE UNIVERSITY OF MALTA HAS A CLAIM OR TITLE AT LAW

STATUTE REGARDING IMMOVABLE PROPERTY OVER

WHICH THE UNIVERSITY OF MALTA HAS A CLAIM OR

TITLE AT LAW

SUBSIDIARY LEGISLATION 327.585

STATUTE REGARDING IMMOVABLE PROPERTY

OVER WHICH THE UNIVERSITY OF MALTA HAS

A CLAIM OR TITLE AT LAW

12th December, 2017

LEGAL NOTICE 365 of 2017,as amendedv by Act XXIX of 2019.

For the purposes of this Statute, ‘third party’ shall mean

any physical and/or legal person, but shall not include any legal

person of which the University of Malta (hereinafter ‘University’)

is a shareholder and/or founder.

This Statute may be cited as the ‘Statute regarding

Immovable Property over which the University of Malta has a

Claim or Title at Law’.

This Statute shall be applicable from 1 January 2018

onwards.

Immovable property over which the University has a claim

or a title at law shall be solely and exclusively used for educational

purposes and for support services associated therewith in line with

the University’s ission deriving from the Education Act (Chapter

605 of the Laws of Malta).

Furthermore, insofar as any alienation, transfer, sale,

exchange, hypothecation, burdening or other encumbering of, and

insofar as any assignment of rights, obligations and/or title relating

to, such property is concerned, the University and/or any of its

Principal Officers shall be precluded, both ipso facto and ipso jure,

from alienating, transferring, selling, hypothecating or otherwise

burdening and/or encumbering such property and/or from assigning

any rights, obligations and/or title hereto to third parties to further

such third parties’ private, commercial, financial and/or profit

making interests to the detriment of any above-mentioned

educational purposes and associated support services in line with

University’s overarching mission deriving from the Education Act.

The Council may resolve to allow an exemption to clause 4.

Provided that such decision shall be taken only if all members of

Council are present and vote unanimously to such effect.

Provided further that the objective criteria and the reasons upon which

Council has based its decision shall be explicitly and expressly minuted

within the official documents of Council.

A unanimous vote shall be required for the purposes of any

Amendment to this Statute.

For the avoidance of doubt, Council may not and shall not,

at any time whatsoever and in any manner whatsoever, delegate all

or any of its powers emanating from this Statute.