Statutes and Ordinances of the University of Cambridge
Statute E
p. 43
TRUSTS

Chapter XXXVIII

THE BENN W. LEVY FUND

1. The investments from time to time representing the benefaction given in 1910 by the Committee of the Benn W. Levy Memorial Fund shall constitute a trust fund called the Benn W. Levy Fund, the income of which shall be devoted to the furtherance of original research in Biochemistry by the establishment of a Studentship to be called the Benn W. Levy Studentship, the holder of which shall undertake original research in Biochemistry.

2. Notwithstanding any provision of the trust to the contrary, any part of the income of the fund not expended in any year may be applied at the discretion of the Managers of the fund as income in any subsequent year.