The Council submits the following Graces to the Regent House. These Graces, other than any which is withdrawn or for which a ballot is requested in accordance with the regulations for Graces of the Regent House (Statutes and Ordinances, p. 109), will be deemed to have been approved at 4 p.m. on Friday, 2 May 2008.
1. That the Professorship of Chinese be retitled as the Joseph Needham Professorship of Chinese History, Science, and Civilization and that a fund to be called the Joseph Needham Fund for Chinese History, Science, and Civilization be established in the University to be governed by the following regulations.1
Joseph Needham Professor of Chinese History, Science, and Civilization. 1966. East Asian Studies
1. The sums of £1.25m received from The East Asian History of Science Foundation and £750,000 received from Trinity College, together with other sums donated for the same purpose, shall form a fund called the Joseph Needham Fund for Chinese History, Science, and Civilization.
2. The Managers of the Fund shall be the Head of the Department of East Asian Studies, the Joseph Needham Professor of Chinese History, Science, and Civilization and one other Manager appointed by the Faculty Board of Asian and Middle Eastern Studies for periods of five years, provided that, if two or more of these posts are held by the same person or if one or more of these posts is vacant or its tenure has expired, the Faculty Board of Asian and Middle Eastern Studies shall appoint one or more additional Managers so as to ensure that there are three Managers.
3. The income of the Fund shall be available for the payment of the stipend, national insurance, pension contributions, and associated indirect costs of the Joseph Needham Professor of Chinese History, Science, and Civilization.
4. After provision has been made in accordance with Regulation 3, the income of the Fund shall be applied for the support of teaching or research in some aspect of Chinese History, Science, and Civilization in such a manner as shall be approved by the General Board on the recommendation of the Managers.
5. Any unexpended income in a financial year may in any one or more subsequent years be expended in accordance with Regulations 3 and 4.
2. That the recommendations in paragraph 13 of the Report of the Council, dated 3 March 2008, on the examination requirements for matriculation and on procedures (Reporter, 2007-08, p. 565) be approved.2
3. That the recommendations in paragraph 6 of the Report of the General Board, dated 28 February 2008, on the establishment of a HRH Prince Alwaleed Bin Talal Centre of Islamic Studies and related matters (Reporter, 2007-08, p. 568) be approved.3
4. That a Vice-Chancellor's Endowment Fund be established in the University, to be governed by the following regulations:4
1. The sum of £5m received from an anonymous donor for the benefit of the University in general shall form a fund called the Vice-Chancellor's Endowment Fund. The Fund may include other sums received from other bodies or persons for the same purpose.
2. The Managers of the Fund shall be the Vice-Chancellor, the Pro-Vice-Chancellor for Planning and Resources, a member of the Council in class (e) appointed by the Council, and the Registrary.
3. The income of the Fund shall be available for the benefit of the University in fulfilment of its mission to contribute to society through the pursuit of education, learning, and research at the highest international levels of excellence.
4. Any unexpended income in a financial year may in any one or more subsequent years be expended in accordance with Regulation 3 or added to the permanent capital as the Managers shall determine.
1 See the Vice-Chancellor's Notice, p. 632.
2 See the Council's Notice, p. 633.
3 See the Council's Notice, p. 633
4 See the Vice-Chancellor's Notice, p. 632.