Skip to main contentCambridge University Reporter

No 6235

Wednesday 3 August 2011

Vol cxli No 39

pp. 1141–1156

Graces

Graces submitted to the Regent House on 3 August 2011

The Council submits the following Graces to the Regent House. These Graces, unless they are withdrawn or a ballot is requested in accordance with the regulations for Graces of the Regent House (Statutes and Ordinances, p. 107), will be deemed to have been approved at 4 p.m. on Friday, 12 August 2011.

1. That a Van Geest Foundation Fund for Brain Repair and Neuroscience be established in the University, to be governed by the following regulations:1

Van Geest Foundation Fund for Brain Repair and Neuroscience

1. The £500,000 benefaction received from the John and Lucille van Geest Foundation, shall form a fund to be entitled the Van Geest Foundation Fund for Brain Repair and Neuroscience, the income of which shall be used to support teaching and research in the School of Clinical Medicine, with a preference for brain repair and neuroscience; the Fund shall include any future benefactions received from the John and Lucille van Geest Foundation by way of additions thereto.

2. The Managers of the Fund shall be the Head of the School of Clinical Medicine, the Head of the Department of Clinical Neurosciences, and one other Manager appointed by the Council of the School of Clinical Medicine for periods of five years.

3. The income of the Fund shall be applied for the following purposes in the School of Clinical Medicine, with a preference for the fields of brain repair and neuroscience:

(a)research purposes (including the funding of equipment and other capital items) in the School;

(b)the funding of graduate studentships in the School;

(c)the payment of the stipend, national insurance, pension contributions, and associated indirect costs of the holders of such named posts in the School as may be designated or established from time to time by the University or the General Board as a charge on the Fund.

4. In exceptional circumstances the capital of the Fund may also be spent, on the recommendation of the Managers and with the approval of the General Board, for the purposes outlined in Regulation 3 or to provide additional or new laboratory space needed for the furtherance of such purposes.

5. Any unexpended income of the Fund in a financial year may be added to the capital of the Fund; or retained for use as income in future years, as the Managers shall determine.

2. That, with the concurrence of the General Board, the regulations for the KPMG Professorship of Management Studies be amended, with effect from 1 October 2011, so as to read:2

KPMG Professor of Management Studies. 1986. Judge Business School

1. The sums received from Peat, Marwick, and Mitchell & Co. and their successors for the endowment of a Professorship of Management Studies shall form a fund called the KPMG Management Studies Fund.

2. The capital and the income of the Fund shall be available for the payment of the stipend, national insurance, and pension contributions of the Professor payable by the University.

3. After provision has been made in accordance with Regulation 2, the capital and income of the Fund may be applied in support of teaching or research in the general field of Management Studies in such manner as may be approved by the General Board on the recommendation of the Director of Judge Business School.

4. Any unexpended income of the Fund in a financial year may in any subsequent year be expended in accordance with Regulation 3.