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 These Graces, other than any which is withdrawn or for which a ballot is requested in accordance with the regulations for Graces of the Regent House (Statutes and Ordinances, p. 107), will be deemed to have been approved at 4 p.m. on Friday, 12 December 2008.
1. That Sir Richard Dearlove, Master of Pembroke College, be appointed one of the Septemviri to serve for two years from 1 January 2009.
2. That Professor Robert James Mair, Master of Jesus College, be appointed one of the Septemviri to serve for two years from 1 January 2009.
3. That Mrs Sarah Squire, President of Hughes Hall, be appointed one of the Septemviri to serve for two years from 1 January 2009.
4. That a W. D. Armstrong Fund be established in the University to be governed by the following regulations:1
1. The sum of £1.6m received by the University under the Will of the late Dr W. D. Armstrong shall form a fund, to be entitled the W. D. Armstrong Fund, to encourage the application of Engineering in Medicine in the University.
2. The administration of the Fund shall be entrusted to a Committee of Managers consisting of:
| (a) | The Head of the School of Technology |
| (b) | The Head of the School of Clinical Medicine |
| (c) | The Head of the Department of Engineering |
| (d) | The Head of the Department of Medicine |
| (e) | One person appointed by the Council of the School of Technology |
| (f) | One person appointed by the Council of the School of Clinical Medicine |
3. The members in classes (e) and (f) shall be appointed in the Michaelmas Term to serve for three years from 1 January following their appointment. If one or more of the offices in classes (a)-(f) are held by the same person or if one or more of these offices is vacant or its tenure has expired, the Faculty Boards of Engineering and Clinical Medicine shall appoint one or more additional Managers so as to ensure that there are always six Managers.
4. The income, and under exceptional circumstances the capital, of the Fund shall be applied at the discretion of the Managers in accordance with Regulation 1.
5. That a Quentin Skinner Prize Fund be established in the University to be governed by the following regulations:1
1. The sum of £12,800 received from Professor Quentin Skinner, FBA, Regius Professor of Modern History Emeritus, shall form a fund, the income of which shall be used to provide a prize called the Quentin Skinner Prize in History.
2. The Prize shall be awarded by the relevant Sub-Committee of the Degree Committee of the Faculty of History for the best performance in the examination in Political Thought and Intellectual History for the M.Phil. Degree.
3. The value of the Prize shall be the annual income of the Fund.
4. If in any year the Prize is not awarded, the income for that year shall be added to the capital of the Fund.
6. That the regulations for the Audit Committee be amended as follows:2
Regulation 2.
By inserting a new second sentence so as to read:
No member in class (a), (b), and (c) may serve for more than eight consecutive years.
Regulation 4(h).
By amending this clause so as read:
| (h) | to satisfy themselves that satisfactory arrangements are adopted throughout the University for promoting economy, efficiency, effectiveness, and risk management; |
7. That the recommendations in paragraph 17 of the Report of the Council, dated 3 November 2008, on amendments to Statute F, III (Property, buildings, and loans) and Statute J (University Press) (Reporter, p. 145) be approved.
1 See the Vice-Chancellor's Notice on p. 270.
2 Statutes and Ordinances, p. 942. It is proposed to introduce a maximum period of consecutive membership for the appointed members of the Committee. The duties of the Committee have been amended to include consideration of risk management.