Statutes and Ordinances of the University of Cambridge
CHAPTER I
THE CHANCELLOR AND THE GOVERNMENT OF THE UNIVERSITY

LATHAM PENSION FUND

1. The sum bequeathed to the University by the late Reverend Henry Latham, Master of Trinity Hall, shall form a fund to be called the Latham Pension Fund, hereinafter referred to as the Fund.

2. The capital of the Fund shall be invested in the names of the Chancellor, Masters, and Scholars of the University of Cambridge in such manner as the Finance Committee of the Council may from time to time direct.

3. Occasional or annual grants may from time to time be made from the Fund by the Council to members of the University who have been engaged in University or College work and have become incapacitated by age or infirmity, or to wives and children of members of the University who have been so engaged and have died without making sufficient provision for their families. Applications for such grants should be sent to the Vice-Chancellor.

4. The accounts of the Fund shall be published annually in the University Accounts.

5. If in any year the whole income of the Fund is not expended the excess of income over expenditure may at the discretion of the Finance Committee of the Council either be carried on to the next year or be invested as an increase of the capital of the Fund.

6. Any sums of money bequeathed or given for the augmentation of the Fund shall be added to the capital of the Fund.

7. These regulations shall be subject to alteration by Ordinance provided that the regulations shall always be in accordance with the provisions of Mr Latham's will.9

Footnotes

  1. 9. Endowments, 1904, p. 570.a