Members' Meeting February 2006 - Summary
The Members met on Friday, 3rd February, 2006. The main points of discussion were as follows:
- Annual Report & Accounts for the year to 31st July 2005 - The Members learned that the Annual Report & Accounts for the year to 31st July 2005 were laid before the Scottish Parliament on 24th January, 2006 and that printed copies would be distributed by mail shortly and a version made available on the SHERT website.
- Membership - The Chairman welcomed Mr John Naylor to the meeting as one of two newly-appointed Members. The second new Member, Professor Ian Greer, had been unable to attend the meeting. It was noted that four further potential new Members would be being interviewed in the near future. If all were subsequently appointed, the total membership of SHERT would be 13, with a majority of scientific/medical Members.
- Awards - After consideration and discussion of all the applications received and the referees' reports on them, the Members agreed to award three Research Project Grants. The Members also considered and scored a number of Progress and Final Reports submitted by current and recent grantholders.
- Investment Matters - The Trust's investment manager attended to report on investment performance for the period ended 31st December 2005. The Members approved changes to the Investment Management Agreement in light of the wider investment powers now in force by virtue of the Charities and Trustee Investment (Scotland) Act 2005.
- Secretarial and Administrative matters - The Members discussed a number of matters including the operation and progress on development of its web-based grant application and review systems.
Further information may be available on request.