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Finance, Remuneration and Asset Management Committee

Established as a standing committee of Governing Authority, the Finance, Remuneration and Asset Management Committee (FRAMC) supervises the financial affairs of the University and advises the Governing Authority on any matter relating to the financial management of the University. The current FRAMC's term of office is coterminous with that of the 7th Governing Authority i.e. from 07 November 2023 to 06 November 2027

Committee support: University Secretariat | govauth@ucd.ie

 FRAMC Meeting Schedule 2023/2024 

Please note these meeting dates and times are subject to change

Submission Deadline  Meeting Date
Tuesday, 05 September 2023

Monday, 02 October 2023, 10:30 a.m.

Tuesday, 24 October 2023 Monday, 20 November 2023, 10 a.m.
Monday, 18 December 2023 Tuesday, 30 January 2024, 2 p.m.
Thursday, 22 February 2024 Tuesday, 19 March 2024, 2 p.m.
Tuesday, 09 April 2024 Wednesday, 01 May 2024, 10 a.m.
Friday, 10 May 2024 Thursday, 06 June 2024, 2 p.m.

Terms of reference of Finance, Remuneration and Asset Management Committee:


In  accordance with Section 12 of Chapter 5 of Statute 25, it shall be the duty of the Finance Remuneration and Asset Management Committee (FRAMC) to  supervise  the  financial  affairs of  the University and to advise  the  Governing  Authority  on  any  matter  relating  to  the  financial  management of the  University.  


5.1   It  shall  be  the  duty  of  FRAMC  to  supervise  the  financial  affairs  of  the  University  and  to  advise the  Governing  Authority  on  any  matter  relating  to  the  financial  management  of  the  University.

5.2   It shall be the duty of the FRAMC to monitor the impact of national pay and pension agreements and policies on the University’s Strategic Plan and finances.

5.3   It shall be the duty of FRAMC to consider the proposed acquisition, development, refurbishment, capital expenditure, investment, sale, other disposal or commercial exploitation of any asset, project, land or property by or of the University or its subsidiaries or joint ventures, and, if thought appropriate, to approve or recommend such proposals to the Governing Authority in accordance with its delegated authority.

5.4   It shall be the duty of FRAMC to monitor the performance of any companies under the control of the University and any joint ventures, recommend that the Governing Authority take specific action in relation to any such company or joint venture, and to review and, if thought appropriate, recommend to the Governing Authority, any management proposal for the establishment of a new company.

FRAMC Terms of Reference (PDF)

Contact the UCD University Secretariat

Tierney Building, University College Dublin, Belfield, Dublin 4, Ireland.
T: +353 (1) 716 1279 (general enquiries) | E: univsec@ucd.ie