The purpose of this directive is to describe the type of agreement that requires the university to make payment, services, goods or the use of goods, facilities or other resources to an outside party (hereafter referred to as “contracts”), must be executed by the president or designer. Only the president and specific persons authorized by directives or other authorisation documents published in this policy or in writing are entitled to enter into contracts on behalf of the university. The Vice-President of Finance and Administration is responsible for the development and management of procedures to ensure compliance with this policy. The contract is any type of contractual agreement, in any form (including, but not limited, to declarations of intent, emails or other forms) that engage the university in a binding agreement with an external body, university staff or other third parties. It must be clearly documented on the power to exercise the university`s obligation and establish the responsibility and responsibility of individuals according to the definition and maintenance of these policies and procedures, to the extent necessary and appropriate in order to be able to carry out their deleging functions properly. The work of strengthening surveillance is beneficial for both EU supervisory authorities and financial market players. One of the instruments for achieving this is the transfer of tasks and responsibilities from one competent national authority (ACA) to another or to the AEMF. As a result of the information on a proposed delegation agreement in paragraph v), the AEMF has the option of issuing a notice within one month (calculated in accordance with the regulation (EEC, Euratom) No. 1182/71), in accordance with Article 28, paragraph 4, of the AEMF regulation. Delegation agreements are published on the AEMF website to ensure that all parties involved are properly informed. The aim of such a delegation is to reduce duplication in supervisory tasks, promote cooperation, streamline the monitoring process and reduce the burden on financial market players.
The purpose of the Delegation of Powers Policy (DOA) is to establish delegations of authority granted by the Board of Directors to the President of Drexel University, under which other specific delegations are granted to act on behalf of the President. This directive establishes responsible responsibility for these delegations. DOA (delegation of authority) refers to the granting of powers to another person in the specific areas described in his delegation. Austin Peay State University`s policy should be defined to define the licensing requirements and procedures necessary to execute university contracts and agreements and to delegate powers deemed necessary and appropriate to ensure effective management of the university. The Executive Vice-President, Treasurer-COO is the Prince responsible for the management of this directive at Drexel University. Procedure – Contract Approval Procedure – Execution/Signing Authority Implementation of this directive is the responsibility of the Office of Vice President for Finance, CFO – Associate Treasurer.