Part of Council Regulations 25 of 2002: Trust Regulations
Made by Council, 30 June 2004
Amended by the General Purposes Committee of Council on 27 February 2015 (Gazette, Vol. 145, p. 342-344, 12 February 2015)
1. The bequest of the Right Honourable William Thomas Horner, Earl of Ilchester, together with any further donations for this purpose, shall be known as the Ilchester Endowment (‘the Fund’).
2. The University shall retain all of the Fund as permanent endowment and shall apply the net income of the Fund towards the encouragement of the study of the Slavonic Languages, Literature, and History (‘the Objects’).
3. The administration of the fund, and the application of its income, shall be the responsibility of the Board of the Faculty of Medieval and Modern Languages, in consultation with its sub-faculty of Russian and Other Slavonic Languages, and with the Board of the Faculty of History.