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

808 TRUST EMOLUMENTS
Professorship.
Teaching and
research.
Expiry of
Professorship
tenure.
Unexpended
income.
held by the same person or if one or more of these posts is vacant or its tenure has expired, the Faculty
Board of Business and Management shall appoint one or more additional Managers so as to ensure
that there are three Managers.
3. The capital and the income of the Fund shall be available for the payment of the stipend, national
insurance, pension contributions, and associated indirect costs of the Sir Evelyn de Rothschild Professor
of Finance payable by the University during the tenure of the Professor.
4. After provision has been made in accordance with Regulation 3, the capital and the income of
the Fund shall be applied for the support of teaching or research in some aspect of Finance in such a
manner as shall be approved by the General Board on the recommendation of the Managers.
5. In the event that there is capital or income of the Fund remaining after the expiry of the tenure
of the Professor, the capital and income of the Fund shall be available for the purpose set out in
Regulation 4.
6. Any unexpended income in a financial year may in any one or more subsequent year be expended
in accordance with Regulations 3 and 4.
Awarders and
subject.
Value.
Amendments.
ARCHIBALD DENNY PRIZES
1. Two Archibald Denny Prizes shall be awarded each year, one by the Examiners for Part IIA of
the Engineering Tripos and one by the Examiners for Part IIB of that Tripos, to the candidates for
those Parts who have shown the greatest distinction in the Theory of Structures.
2. The value of each Prize shall be such sum not exceeding half the available income of the
Archibald Denny Fund as may be determined from time to time by the Faculty Board of Engineering
with the approval of the Council.
3. The University, on the recommendation of the Faculty Board of Engineering, may amend these
regulations from time to time, provided that the Prizes shall always be called the Archibald Denny
Prizes and shall always be devoted to the encouragement of the study of the Theory of Structures.
HARRY DESAI FUND
Title and
purpose.
Managers.
Award.
Value.
Grace 2 of 11 November 2009
1. The sums given and bequeathed to the University by Mr Harry Desai, and other donations
received for the same purpose, shall form a fund called the Harry Desai Fund, the income of which
shall be used at least once a year to make one or more Harry Desai Research Awards to persons who
are registered as candidates for the Ph.D. Degree with a preference for those engaged in research in
teaching and education.
2. The Managers of the Fund shall be the Board of Graduate Studies. The Managers may delegate
any of their functions concerning the Fund to a Committee composed of members of the Board of
Graduate Studies.
3. The Managers shall on each occasion when they invite applications give not less than three
months’ notice of their intention to make an award.
4. An award may be made to a person who has completed not less than four terms of research as
a registered Graduate Student of the University, provided that he or she has shown a high aptitude for
research and a devotion to study, and is in need of financial assistance.
5. The value of each award shall be determined by the Managers within a range approved from
time to time by the Council.
Title and
purpose.
Managers.
Application of
income.
DIVINITY (GERMAN LANGUAGE)FUND
1. The gift of an anonymous benefactor shall form a fund to be called the Divinity (German
Language) Fund, for the encouragement of the study of the German language by members of the
University pursuing or intending to pursue in the University a course of study or research in Divinity.
2. The Faculty Board of Divinity shall be the Managers of the Fund, and may appoint a committee,
not necessarily consisting wholly of members of the Faculty Board, to perform any or all of the duties
of the Managers under these regulations.
3. The income of the Fund shall be used, and any unexpended income accumulated in the Fund
may be used, at the discretion of the Managers, for the encouragement, by way of grants or otherwise,