Members' Meeting November 2004 - Summary

The Members of SHERT met on Friday, 12th November, 2004. The main points of discussion were as follows:

Annual Report & Accounts for the year to 31st July 2004 - the Members received, approved and authorised to be signed the 50th Annual Report & Accounts. These were then forwarded to the Auditor General for Scotland for laying before the Scottish Parliament prior to publication.
Investments - the Trust's investment managers attended to report to the Members on investment performance for the quarter ended 30th September 2004.
Change of Status - the Secretaries reported to the Members on discussions with the Scottish Executive about drafting the sections of the Executive's proposed Bill which would enable the removal of NDPB status from SHERT.
Membership - the Members agreed to propose to the Chief Scientist Office that Members whose terms of office would normally come to an end in January 2005 be invited to continue to serve for at least the period which would ensure a smooth transition to independence for SHERT.
Secretarial/Administrative matters - the Members considered several items, including the operation of its web-based online grant application system and outstanding issues regarding its Fellowship & Scholarship awards.