Organisation
Bond University Ltd is subject to the provisions of the Corporations Act (Cwlth) 2001 and is a not-for profit company which reinvests any surplus income back into the development of the University.
Governance
Bond University’s governance structure includes a Board of Directors (the University Council) and a membership of 30 members drawn from various stakeholder groups, the largest of which is the alumni of the University.
The Council is empowered under the Bond University Act (Qld 1987–1989) to oversee the operational performance and to set the strategic direction of the University.
The Chief Executive Officer of the University, the Vice-Chancellor, is in turn responsible to the University Council. The peak academic body of the University, the Academic Senate, which is provided for in the Constitution of the Company, is an advisory body to the Vice-Chancellor on matters relating to the academic activity of the University.
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“It is because the body is a machine that education is possible. Education is the formation of habits, a superinducing of an artificial organisation upon the natural organisation of the body.”
—Thomas Henry Huxley (1825–1895)