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

976 TRUST EMOLUMENTS
Purpose.
Unexpended
income.
3. The income of the Fund may be used, at the discretion of the Managers, to promote medicolegal
studies in the University by providing lectures on medico-legal subjects (to be known as Baron
de Lancey Lectures), or to purchase books and journals for the University on such subjects.
4. Any unexpended income accumulated in the Fund shall be available for use by the Managers for
the purposes specified in Regulation 3.
Title.
Purpose and
eligibility.
Managers.
Tenure.
Value.
Unexpended
income.
GEORGE AND MARIE VERGOTTIS FUND
1. The sums bequeathed to the University by Mrs Marie Vergottis shall form a fund to be known
as the George and Marie Vergottis Fund.
2. The income of the fund shall be applied to provide one or more scholarships to be called George
and Marie Vergottis Scholarships for persons of Greek citizenship in order that they may follow courses
leading to a degree or other qualification of the University.
3. A Scholar who is not already a member of the University shall become such by being matriculated
before the end of the term next after her or his election to the Scholarship, provided that for good
cause the Managers may allow a Scholar to defer matriculation until a later date.
4. The Fund shall be administered by four Managers who shall be:
(a) the Vice-Chancellor or a duly appointed deputy, as Chairman;
(b) three persons appointed by the Council.
Managers in class (b) shall serve for three years from 1 October following their appointment.
5. The Managers shall give at least six months’ notice of their intention to award a Scholarship.
6. A Scholarship shall be tenable for one, two, three, or four years, as the Managers shall in each
case determine; a Scholarship may, at the discretion of the Managers, be extended by one or two or
three years, provided that the total tenure of the Scholarship shall not exceed four years.
7. The value of each Scholarship shall be determined by the Managers, within a range approved
from time to time by the Council, after taking account of the Scholar’s financial circumstances.
8. Any unexpended income accumulated in the Fund may be either accumulated for use as income
in subsequent years, or used at the discretion of the Managers to assist a Scholar to meet travelling
expenses or any other special expenses in connection with his or her course of study or research, as
the Managers may determine.
Title.
How awarded.
Value.
3VERULAM BUILDINGS PRIZES
1. The sum made available annually by 3 Verulam Buildings shall be used to provide two prizes
called 3 Verulam Buildings Prizes.
2. The Prizes shall be awarded by the Examiners for Part II of the Law Tripos and by the Examiners
for the LL.M., as follows:
(a) one Prize shall be awarded to the candidate who has shown the greatest distinction in the subject
Equity;
(b) one Prize shall be awarded to the candidate who has shown the greatest distinction in the subject
International Commercial Litigation.
3. The value of each Prize shall be one-half of the sum made available in each year by 3 Verulam
Buildings.
VICE-CHANCELLOR’S ENDOWMENT FUND
Fund.
Managers.
Purpose.
Grace 4 of 23 April 2008
1. The sum of £5m received from an anonymous donor for the benefit of the University in general
shall form a fund called the Vice-Chancellor’s Endowment Fund. The Fund may include other sums
received from other bodies or persons for the same purpose.
2. The Managers of the Fund shall be the Vice-Chancellor, the Pro-Vice-Chancellor for Planning
and Resources, a member of the Council in class (e) appointed by the Council, and the Registrary.
3. The income of the Fund shall be available for the benefit of the University in fulfilment of its
mission to contribute to society through the pursuit of education, learning, and research at the highest
international levels of excellence.