Chartered Institute Of Housing Charter And Byelaws …

1 Chartered Institute Of Housing Charter And Byelaws Revised on 15 July 2015 2 At the Court at Buckingham Palace THE 25TH DAY OF JUNE 1984 PRESENT, THE QUEEN'S MOST EXCELLENT MAJESTY IN COUNCIL WHEREAS there was this day read at the Board a Report of a Committee of the Lords at Her Majesty's Most Honourable Privy Council dated the 13th day of June 1984, in the words following, viz: "YOUR MAJESTY having been pleased, by Your Order of the 11th day of February 1983, to refer unto this Committee the humble Petition of the Institute of Housing , praying for the grant of a Charter of Incorporation: "THE LORDS OF THE COMMITTEE, in obedience to Your Majesty's said Order of Reference, have taken the said Petition into consideration and do this day agree humbly to report, as their opinion, to Your Majesty, that a Charter may be granted by Your Majesty in terms of the Draft hereunto annexed.

2 HER MAJESTY, having taken into consideration the said Report and the Draft Charter accompanying it, was pleased, by and with the advice of Her Privy Council, to approve thereof and to order, as it is hereby ordered, that the Right Honourable Leon Brittan, one of Her Majesty's Principal Secretaries of State, do cause a Warrant to be prepared for Her Majesty's Royal Signature for passing under the Great Seal a Charter in conformity with the said Draft which is hereunto annexed. N E Leigh Charter AND Byelaws OF THE Chartered Institute OF Housing ELIZABETH THE SECOND by the Grace of God of the United Kingdom of Great Britain and Northern Ireland and of Our other Realms and Territories Queen, Head of the Commonwealth, Defender of the Faith: TO ALL OF WHOM THESE PRESENTS SHALL COME, GREETING! 3 WHEREAS an humble Petition had been presented unto Us by the Institute of Housing (hereinafter referred to as "the existing Institute "), a company incorporated under the Companies Acts in the year of our Lord One thousand nine hundred and sixty-five under the name of the Institute of Housing Managers, praying that We would be graciously pleased to grant to it a Charter of Incorporation: AND WHEREAS WE have taken the said Petition into Our Royal Consideration and are minded to accede thereto: _____ NOW THEREFORE KNOW YE that WE by virtue of Our Prerogative Royal and of Our especial grace, certain knowledge and mere motion have granted and declared and by these Presents do for Us, Our Heirs and Successors grant and declare as follows: 1.

3 The persons who are now members of the existing Institute and all such persons as may hereafter become members of the Body Corporate hereby constituted shall forever hereafter be one Body Corporate and Politic under the name of "The Chartered Institute of Housing " (hereinafter referred to as "the Institute ") and by that name shall be perpetual succession and a Common Seal with power to alter, break and make anew the Said Seal from time to time at their will and pleasure and shall and may in the same name sue and be sued in all Courts in all manner of actions and proceedings and shall have power to do all other matters and things incidental or appertaining to a Body Corporate. 2. In this Our Charter and the Byelaws the "Profession of Housing Practice" means the profession of those engaged in the co-ordination or execution of Housing services incorporating the design, provision, improvement, rehabilitation, management, administration of, identification of demand and need for and investment in houses of all types and tenures, provided primarily as a service to the community or of some part of it but not excluding property owned for profit whether by Departments of Our Government, Local or other Public Authority, Housing Organisations (as defined in the Byelaws ) providers of Social Housing , Registered Providers, Charities, Companies or individuals and ancillary properties on or in connection with Housing estates.

4 3. The objects of the Institute shall be to promote the science and art of Housing , its standards and ideals and the training and education of those engaged in the Profession of Housing Practice. 4. In furtherance of these objects, but not further or otherwise, the Institute shall have the following powers: a) to provide a central organisation for those engaged in the Profession of Housing Practice and to promote the said profession in all or any of its branches and to encourage by means of information, advice and publicity bodies and persons responsible for the administration of Housing estates and property and the general public to secure the management of such estates and property by properly trained and qualified Housing practitioners and generally to foster the improvement of Housing in all its aspects; 4 b) to provide opportunities for the acquisition and dissemination of technical information by and among members of the said profession with a view of improving standards of efficiency and in particular by the provision of a library, the arrangement of lectures, meetings, conferences and discussions, the organisation of study tours, the interchange of information and opinion, the encouragement and endowment of research and by the publication, purchase, sale, hire and distribution of books, papers, reports and other communications, by training and knowledge management (including electronic- and distance-learning) and by any other means.

5 C) to select train and test by examination and to grant certificates and diplomas and to award prizes to persons desirous of entering the said profession or obtaining advancement therein and to award scholarships and bursaries to such persons, provided that any certificate or diploma issued by the Institute shall contain on its face a statement to the effect that it is not granted by or on the authority of any Department of Our Government or other authority unless in fact it is so granted; d) to co-operate with other bodies and persons in Our United Kingdom of Great Britain and Northern Ireland and elsewhere in connection with all or any of the objects set out herein; e) to encourage and promote and in any way support or aid the establishment and development of charitable associations concerned with the provision of Housing ; f) to act as trustees of and execute any charitable trusts which may lawfully be undertaken by the Institute and establish, undertake, superintend or administer any charitable fund from whence donations or advances may be made to assist necessitous members and the widows and children of and or other persons who are dependent upon deceased members and (subject to the provisions of Article 5 of this Our Charter ) to make any contribution out of the surplus assets or income of the Institute from time to time to any such charitable fund or funds.

6 G) to acquire, undertake, perform and discharge so far as may lawfully be done the assets, undertakings, duties, obligations and functions of any other body having objects similar to those of the Institute and in particular the existing Institute upon the dissolution of that body, provided that the assets, undertakings, duties, obligations and functions shall be of a wholly charitable nature and in furtherance of the objects of the Institute ; h) to purchase, hire, take on lease or otherwise acquire any property whether real or personal or any estate or interest therein and to construct, maintain and alter any buildings or erections and to sell, lease, let or hire, manage, turn to account or otherwise deal therewith for any purpose which may further the objects of the Institute ; i) to borrow or raise money at interest for the purposes of the Institute by the issue of bonds, debentures, mortgages, bills of exchange, promissory notes or in such 5 other manner as may be determined and to invite and collect subscriptions and donations of all kinds whether absolute or conditional for the purposes of the Institute or any of them.

7 J) in furtherance of the objects of the Institute , to invest money, in the name of or in the name of nominees for the Institute , in the purchase, or at interest upon the security, of such stocks, funds shares, securities or other investments or property of whatever nature and wheresoever situate in the same manner and subject to the same conditions as the trustees of a trust are permitted to do so by the Trustee Act 2000: Provided that the Governing Board shall arrange that its investments at all times be kept under review by one or more investment expert (meaning a person who shall have at least fifteen years' experience in one or more of the following businesses in the City of London that is to say the businesses of stockbrokers, merchant bankers, finance houses and issuing houses) (hereinafter called "Investment Expert") who shall be instructed and undertake to inform the Governing Board, or one of its Delegated Boards as the Governing Board shall direct, promptly of any changes which may appear to be desirable.

8 The following provisions shall apply in relation to any such Investment Expert: (i) the Governing Board may appoint such Investment Expert upon such terms and with such remuneration as the Governing Board shall think fit and shall have power to remove any Investment Expert so appointed at any time; (ii) the Governing Board may authorise such Investment Expert to exercise on behalf of the Governing Board the powers to apply and invest the surplus monies of the Institute and to vary, transpose or realise assets within such investment policy guidelines as the Governing Board may from time to time decide and communicate to the Investment Expert in fulfilment of the Governing Board's obligations under Part 1 of the Trustee Act 2000 (provided that if two or more Investment Experts are so authorised, they shall exercise such powers jointly).

9 (iii) the Governing Board shall be bound to review any delegation made under sub-paragraph (ii) above at such intervals (not in the absence of special reasons exceeding twenty-four months) as the Governing Board thinks fit but so that any failure of the Governing Board to undertake a review within the said period of twenty-four months shall not invalidate the delegation; k) to purchase or otherwise acquire or to encourage or promote and in any way support or aid the establishment and development of any subsidiary company (that is to say a company which would be deemed to be subsidiary under the terms of section 1159 of the Companies Act 2006) established for the purposes of carrying on any trade or business which is a proper trade and business either for the purpose of raising funds for the Institute or for the furtherance of the objects of the Institute , and to subscribe to, purchase, or acquire in any other way, any chose in action (including but without prejudice to the generality of the foregoing any stock, share, security, unit, debenture, debenture stock or loan 6 stock in each case whether preferred, deferred or secured or unsecured)

10 And to guarantee and indemnify the obligations and liabilities and to make available financial assistance or accommodation in any other way to any such subsidiary company and to acquire all or any part of the capital of any company limited by shares carrying on any trade or business which is or could be engaged directly or indirectly in the provision of information, advice or publicity connected with Housing including without limitation printers, publishers and consultancy companies: Provided always that any ownership of shares in any subsidiary company of the Institute or any other company referred to herein and the making of any loans on commercial terms to any such company shall be treated as an investment within Article 4(j) above; I) to make donations or grants to any charitable object; m) to apply for, petition for, or promote any Royal Charter , Bill or Bills in Parliament or other Authority with a view to promoting all or any of the objects of the Institute ; n) to make rules and regulations to cover the conduct of its Members and to provide for sanctions in the event of their infringement and to set up disciplinary procedures for the investigation of alleged breaches and for the imposition of sanctions where appropriate and for the hearing and final disposition of appeals by a Member against any findings that he had committed a breach of such rules and regulations and or against the sanction imposed in respect of such breach.