This body was created in 1856 as successor to the Caput, charged with preparing business for the Regent House and with limited executive powers. The Senate was the governing body of the University until 1926. By the late twentieth century, the Council had become the principal executive and policy-making body of the University with overall responsibility for the administration of the University, for defining its mission, for planning its work, and for the management of its resources. It deals with relations between the University and the Colleges, conducts negotiations with outside bodies on many matters (other than those relating directly to the educational and research programme of the University, which are dealt with by the General Board) and is responsible for the appointment or nomination of certain members of internal and external Committees, and for many student matters (excluding the selection of entrants, which is a College concern). In 1993 it established an Executive Committee to deal with straightforward business.