| 1 |
Name
The name
shall be The Max Clark Memorial Scholarship Fund, referred
to herein as 'the Fund'. |
| 2 |
Object and Purposes |
| |
2.1 |
To commemorate the
work of the late Emeritus Professor Max Clark in assisting
in the founding of Flinders University
and the School of Biological Sciences by instituting awards
known as The Max Clark Prizes in Science and Engineering. |
| |
2.2 |
To provide financial
support, in the form of prizes, scholarships or other awards,
to the academically best students completing the final year
and continuing on to an Honours degree in the Faculty of Science
and Engineering of Flinders University.
In making these awards, cognisance shall be taken of Emeritus
Professor Clark's particular interest in the School of Biological
Sciences. The Fund provides: |
| |
|
(i) |
A number of prizes of a minimum
value of $500 each, at least one of which will be awarded
to an eligible student in the School of Biological Sciences. |
| |
|
(ii) |
An illuminated document certifying
the Award for each recipient. |
| |
2.3 |
From time to time the Management Committee may choose to use part of the funds for any other purpose consistent with the object of the Fund.
|
| 3 |
Administrative Arrangements
|
| |
3.1 |
The Fund shall be managed
by a Committee composed of: |
| |
|
(a) |
a Chairperson appointed by the
Vice-Chancellor on the advice of the Faculty of Science and Engineering. |
| |
|
(b) |
four persons nominated by the Head of the Faculty of Science and Engineering, at least one of whom shall be a member of the academic staff of the School of Biological Sciences. |
| |
3.2 |
The functions of the
Committee shall be: |
| |
|
(a) |
to establish policies regarding
the nature of the awards to be made by the Fund, and procedures
by which theses awards are made, consistent with the stated
objectives of the Fund; |
| |
|
(b) |
to consider a report provided by the Faculty Business Manager on the financial affairs
of the Fund, and to determine accordingly the nature, value
and conditions of the awards it will offer; |
| |
|
(c) |
in collaboration with the Scholarships
Office, to advertise the aforesaid decisions; |
| |
|
(d) |
to select successful applicants
for the Fund's awards. |
| |
|
(e) |
to advise the Faculty of Science and Engineering on the means by which monies can be attracted
to the Fund and, in consultation with the University's Financial
Services Division, determine how these monies may be managed
to optimise the income needed to finance the Fund's activities. |
| 4 |
Committee Procedures |
| |
4.1 |
The Committee shall
meet periodically when required, but at least once a year,
that is, for the purposes outlined in 3.2 (b) and 3.2 (d). |
| |
4.2 |
A quorum for meetings
of the Committee shall be four members. |
| |
4.3 |
Matters shall be decided
by a majority of votes and, in the event of an equality of
votes, the Chairperson shall have a casting vote in addition
to a deliberative vote. |
| |
4.4 |
The Committee shall
keep records of all its decisions, and transmit copies to
the Vice-Chancellor, and the Head of the Faculty of Science.
|
| 5 |
Amendments to the
Rules
The Rules of the Fund may be changed only by unanimous
decision of the Committee at a meeting at which the agenda
has included a statement of the proposed changes. The amendments
must be approved by the Council of Flinders University, via the Faculty Board. |
| 6 |
Winding Up
The Fund may be wound up by a decision of the Council of
Flinders University. Any surplus assets
shall then become the property of the Faculty of Science and Engineering. |
