Chapter XII - 1451k - the University Offices - University of Cambridge

950 TRUST EMOLUMENTS
Unexpended
income.
9. Any unexpended income in a financial year may be accumulated and expended in any one or
more subsequent years in accordance with Regulations 4 and 7.
Title.
Purpose.
Unexpended
income.
SHEILA JOAN SMITH RESEARCH FUND
1. The benefaction to the University by Dr Herchel Smith of Pennsylvania shall form a fund to be
known as the Sheila Joan Smith Research Fund.
2. The income of the Fund shall be applied for such purposes in connection with medical studies
and clinical research in the University as the Regius Professor of Physic for the time being shall in his
or her absolute discretion select.
3. Any unapplied balance of the annual income of the Fund shall be either added to the capital of
the Fund or accumulated for use as income in a subsequent year, as the Regius Professor of Physic
may determine.
Stat. E,
XXVIII and
XXIX.
Prizes.
Eligibility.
Adjudicators.
Announcement
of Prizes.
Standard.
Value of
Prizes.
SMITH-KNIGHT PRIZES AND RAYLEIGH-KNIGHT PRIZES
Endowments, 1904, p. 93
1. There shall be a Mathematical Essay Prize Fund, to which shall be paid the annual income of
the Smith Prize Fund (being that portion of the Smith Fund which under the terms of Statute E,
XXVIII, 2(b) is to be used to provide prizes in mathematics and its applications), the Rayleigh Prize
Fund, and the J. T. Knight Prize Fund. The income of the Mathematical Essay Prize Fund shall be
used to provide one or more Smith-Knight Prizes and one or more Rayleigh-Knight Prizes each year
for essays on any subject in mathematics and its applications.
2. The Prizes shall be open to:
(a) any student who is a Bachelor of Arts of the University, if at the latest date for the submission
of essays at least three, but not more than five, complete terms have passed since the term of
the student’s admission as a Graduate Student other than as a candidate for the M.Phil. Degree
or for a Diploma or, if the student is not a Graduate Student, since he or she last obtained
honours in an Honours Examination or was approved for the M.Phil. Degree or for a Diploma;
(b) any member of the University who, not being a Bachelor of Arts, has been admitted as a
Graduate Student other than as a candidate for the M.Phil. Degree or for a Diploma, if at the
latest date for the submission of essays at least three, but not more than five, complete terms
have passed since the term of his or her admission.
3. The Adjudicators of the Prizes shall be the Professors assigned to the Faculty of Mathematics or
to a Department within the Faculty. The Faculty Board of Mathematics shall have power to appoint a
deputy for an Adjudicator who is unable to serve, provided that they shall publish the appointment in
the Reporter and that the deputy shall continue to serve until the end of the academical year in which
he or she is appointed.
4. Candidates shall send their essays to the Secretary of the Faculty Board of Mathematics not later
than the first day of Full Lent Term. Each candidate shall state in a preface to the essay what portion
thereof is claimed as original.
5. The Adjudicators shall publish a single list of the candidates whose essays they judge to be of
distinction, giving the title of each candidate’s essay. The list shall be arranged in groups; in each
group the candidates shall be of equal merit. In grouping the candidates, the Adjudicators may take
into account relevant experience gained by any candidate before the first of the terms which are
required by Regulation 2 to have elapsed since the candidate obtained honours in an Honours
Examination, or was approved for the M.Phil. Degree or for a Diploma, or was admitted as a Graduate
Student other than as a candidate for the M.Phil. Degree or for a Diploma, as the case may be.
6. The standard required for a Smith-Knight Prize shall be higher than the standard required for a
Rayleigh-Knight Prize.
7. The Smith-Knight Prizes in any year need not be of equal value, and the Rayleigh-Knight Prizes
in any year need not be of equal value. The value of a Smith-Knight Prize in any year shall not exceed
half the income of the Smith Prize Fund in that year, and the value of a Rayleigh-Knight Prize in any
year shall not exceed the value of a Smith-Knight Prize in that year.
8. The Prizes shall be awarded before the end of the Easter Term.