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

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FUNDS, STUDENTSHIPS, PRIZES, LECTURESHIPS, ETC.<br />

833<br />

GROSVENOR FUND<br />

1. The sums received from <strong>the</strong> Westminster Foundation for <strong>the</strong> support <strong>of</strong> work in real estate finance<br />

within <strong>the</strong> Department <strong>of</strong> Land Economy shall form a fund called <strong>the</strong> Grosvenor Fund.<br />

2. The Fund shall be under <strong>the</strong> control <strong>of</strong> a Board <strong>of</strong> Managers who shall be:<br />

(a) <strong>the</strong> Head <strong>of</strong> <strong>the</strong> Department <strong>of</strong> Land Economy as Chairman;<br />

(b) two persons appointed by <strong>the</strong> General Board, at least one <strong>of</strong> whom shall be appointed on <strong>the</strong><br />

nomination <strong>of</strong> Grosvenor Group Holdings Ltd;<br />

(c) <strong>the</strong> Grosvenor Pr<strong>of</strong>essor <strong>of</strong> Real Estate Finance;<br />

(d) not more than two persons co-opted at <strong>the</strong> discretion <strong>of</strong> <strong>the</strong> Managers.<br />

Members in class (b) shall be appointed in <strong>the</strong> Michaelmas Term to serve for four years from 1 January<br />

following <strong>the</strong>ir appointment. Members in class (d) shall serve until 31 December <strong>of</strong> <strong>the</strong> year in which<br />

<strong>the</strong>y are co-opted or <strong>of</strong> <strong>the</strong> following year, as <strong>the</strong> Managers shall decide at <strong>the</strong> time <strong>of</strong> <strong>the</strong>ir co-optation.<br />

3. The first charge on <strong>the</strong> income <strong>of</strong> <strong>the</strong> Fund shall be <strong>the</strong> stipend, national insurance, pension<br />

contributions, and associated indirect costs payable by <strong>the</strong> <strong>University</strong> in respect <strong>of</strong> <strong>the</strong> Grosvenor<br />

Pr<strong>of</strong>essor <strong>of</strong> Real Estate Finance.<br />

4. After provision has been made in accordance with Regulation 3, <strong>the</strong> income <strong>of</strong> <strong>the</strong> Fund shall be<br />

applied at <strong>the</strong> discretion <strong>of</strong> <strong>the</strong> Managers for <strong>the</strong> support <strong>of</strong> work in real estate finance for charitable<br />

and public benefit in <strong>the</strong> Department <strong>of</strong> Land Economy.<br />

5. Any unexpended income <strong>of</strong> <strong>the</strong> Fund in a financial year may be ei<strong>the</strong>r added to <strong>the</strong> capital <strong>of</strong> <strong>the</strong><br />

Fund or accumulated for use as income in future years, as <strong>the</strong> Managers shall determine.<br />

Title and<br />

purpose.<br />

Managers.<br />

Pr<strong>of</strong>essorship.<br />

Surplus<br />

income.<br />

Unexpended<br />

income.<br />

KURT HAHN PRIZES<br />

1. The sum made available each year by <strong>the</strong> Trustees <strong>of</strong> <strong>the</strong> Kurt Hahn Trust shall be used to<br />

provide four Kurt Hahn Prizes.<br />

2. The Prizes shall be awarded as follows:<br />

(a) one Prize shall be awarded by <strong>the</strong> Examiners for Part IA <strong>of</strong> <strong>the</strong> Modern and Medieval Languages<br />

Tripos for a distinguished performance in German (Option B) in that examination;<br />

(b) one Prize shall be awarded by <strong>the</strong> Examiners for Part IB <strong>of</strong> <strong>the</strong> Modern and Medieval Languages<br />

Tripos for a distinguished performance in German in that examination;<br />

(c) one Prize shall be awarded by <strong>the</strong> Examiners for Part II <strong>of</strong> <strong>the</strong> Modern and Medieval Languages<br />

Tripos for a distinguished performance by a candidate who has <strong>of</strong>fered a majority <strong>of</strong> papers,<br />

including Paper C1, in German in that examination;<br />

(d) one Prize shall be awarded by <strong>the</strong> Head <strong>of</strong> <strong>the</strong> Department <strong>of</strong> Engineering for a distinguished<br />

performance in German in an approved examination in that language taken by a candidate for<br />

Part IIB <strong>of</strong> <strong>the</strong> Engineering Tripos.<br />

3. The value <strong>of</strong> each Prize shall be one-quarter <strong>of</strong> <strong>the</strong> sum made available by <strong>the</strong> Trustees.<br />

Prizes.<br />

How awarded.<br />

Value.<br />

ANDREW HALL FUND<br />

1. The sum subscribed in memory <strong>of</strong> Andrew Rodney Hall, <strong>of</strong> St Catharine’s College, who was<br />

killed in a climbing accident in Norway in 1975, shall form a fund called <strong>the</strong> Andrew Hall Fund, for<br />

<strong>the</strong> encouragement <strong>of</strong> study and research in geography.<br />

2. The Managers <strong>of</strong> <strong>the</strong> Fund shall be <strong>the</strong> Managers <strong>of</strong> <strong>the</strong> Philip Lake Fund II.<br />

3. The income <strong>of</strong> <strong>the</strong> Fund shall be used to provide an Andrew Hall Prize to be awarded annually<br />

by <strong>the</strong> Examiners for Part IA <strong>of</strong> <strong>the</strong> Geographical Tripos to <strong>the</strong> best candidate in that examination. The<br />

value <strong>of</strong> <strong>the</strong> Prize shall be such sum as shall be determined by <strong>the</strong> Managers within a range approved<br />

from time to time by <strong>the</strong> Council.<br />

4. These regulations, except Regulation 1, shall be subject to alteration by Grace.<br />

Title and<br />

purpose.<br />

Managers.<br />

Prize.<br />

JOHN HALL FUND<br />

1. The sum given to <strong>the</strong> <strong>University</strong> in 1977 by John Challice Hall, M.A., LL.B., <strong>of</strong> St John’s<br />

College, shall form a fund called <strong>the</strong> John Hall Fund, <strong>the</strong> income <strong>of</strong> which shall be used for <strong>the</strong><br />

promotion and encouragement <strong>of</strong> <strong>the</strong> study <strong>of</strong> Law in <strong>the</strong> <strong>University</strong>.<br />

Fund and<br />

purpose.

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