Members' Meeting July 2005 - Summary
The Members of SHERT met on Friday, 29th July, 2005. The main points of discussion were as follows:
- Research Grants - After consideration of the applications, the reports of independent reviewers and the advice of the BTRC, the Members decided to offer Research Project Grants to five applicants.
- Change of Status - the Secretaries reported to the Members that the Smoking, Health and Social Care (Scotland) Bill had completed its passage through the Scottish Parliament on 30th June and that, following the granting of Royal Assent, it was anticipated that SHERT would become an independent charity in October 2005.
- Finance - the Trust's Investment Managers attended and reported to the Members on financial matters in general and the Members approved the notes on investment policy for inclusion with the Accounts, noting that changes may be necessary in future years, to comply with the detailed terms of the Charities & Trustee Investment (Scotland) Act 2005.
- Standing Orders - the Members considered a draft and approved it, subject to a few minor amendments.
- Membership - following discussion, draft procedures for the appointment and rotation of Members of the independent SHERT were approved subject to a few minor amendments.
- Secretarial/Administrative matters - the Members considered several items, including drafts of the Trust's Annual Plan 2005-06, statements on Corporate Governance & Internal Control, Reserves Policy & Risk Management and the Audit Plan. All these were approved. The Members also considered other matters relating to publicity, marketing and fundraising once SHERT becomes independent. The operation of the first phase of the new website-based online grant application system was demonstrated.
Further information may be available on request.