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College Statutes - Downing College - University of Cambridge

College Statutes - Downing College - University of Cambridge

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STATUTE XLIX<br />

Of the Establishment <strong>of</strong> Funds for <strong>College</strong> Purposes<br />

1. The Governing Body may at any time establish funds for the<br />

general or particular purposes <strong>of</strong> the <strong>College</strong>, and allocate<br />

capital and income to those funds in its discretion, subject to<br />

the requirements <strong>of</strong> other <strong>Statutes</strong>.<br />

2. The operation <strong>of</strong> the funds may be regulated by Ordinances.<br />

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