1. The University accepts with gratitude the bequest of Miss Erna Plachte to be used for purposes connected with the teaching of art in the University. The capital as well as the income of the fund may be expended.
2. Expenditure from the fund shall be on such purposes as may be approved from time to time by the Humanities Board.
3. Council shall have power to amend this regulation from time to time, provided always that the object of the fund as stated in clause 1 above is observed.
