LSE is incorporated as a company limited by guarantee under the Companies Act (company no. 70527). It is a higher education institution and also an exempt charity. Council members are company directors, charity trustees and members of the company as well as governors of a higher education institution.
We are required to comply with a range of legal and regulatory requirements. The Office for Students is the independent regulator of higher education in England.
The School is principally governed by its Articles of Association. The Articles describe the object and powers of LSE and define its governance arrangements, which are further described in the Council Standing Orders, Council Statement of Primary Responsibilities, LSE Byelaws and other governance documents.
The Higher Education Code of Governance published by the Committee of University Chairs identifies key values and practices for the effective governance of universities in the UK.