There shall be a Board of Trustees to defend the long-term interests of the Union and oversight and responsibility in relation to the Union’s financial, commercial, budgetary and corporate governance matters and shall oversee the following aspects of the Union’s:

• Finances, financial management and financial planning
• Commercial activities and commercial development
• Expenditure and financial controls
• Corporate governance
• Implementing a conflict of interest policy which shall be binding on all officers of the Union
• Policies, procedures and costs in relation to expense payments to Union officers and staff and all comparable expenditure
• Employment and management of staff

The Board of Trustees shall:

• Before final approval by the Board of Trustees, review, comment upon, and amend the Union’s annual budget, in consultation with the President and the finance function of the Union
• Present the Union’s approved annual budget to the Executive and the Student Senate annually;
• Monitor compliance with the Union’s annual budget on a regular basis
• Make appropriate proposals to the President to rectify any negative deviation from the budget
• Ensure that annual accounts are prepared and audited and appoint the Union’s auditors
• Present the audited annual accounts to the Executive and the Student Senate annually
• Assist the President in developing the Union’s strategic plan
• Approve the Union’s strategic plan
• Safeguard the Unions’ assets
• Determine annually, at least six weeks before the election of the Sabbatical Officers for the following academic year, the Terms & Conditions of Officership for the Sabbatical Officers for the following academic year

Membership:

• Niall Daly - MSU President
• Liam Cosgrove
• Paddy Hennessy - Chairperson
• Richarf Hammond S.C.
• Niamh Halpenny
• Molly Bukley
• Dr Rory McDaid
• Lorna FitzPatrick

In Attendance:

• Dillon Grace | Director General - Secretary
• Sandra Byrne | Director of Finance
• Colin Maher | Director of Facilities & Services