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R6.29 - JOHN BAIRD BURSARY

Recitals-

1. Mrs. Jessie Alexander Baird Currie of Malvern in the State of Victoria presented to the University the sum of £600 for the purpose of founding a bursary in memory of her late brother John Baird Esquire of Bendigo such bursary to be awarded to a student pursuing the course for the degrees of bachelor of Medicine and bachelor of Surgery in the University.
   
   
2. The founder expressed the desire that in making the award the financial position of the student should be taken into account so that the bursary may assist a student who would otherwise be deprived of all the advantages of a University training.
   
   
3. The University received £600 at the time of the donation, which sum increased to $2,720 at 31 December 1994.

It is provided as follows-

1. The sum of $2,720 and any accumulations or additions to the sum forms the endowment of a bursary called the 'John Baird Bursary' ('the fund') and the fund must be invested as the Council from time to time directs.
   
   
2. 2. The value of the bursary is two-thirds of the net annual income in each year immediately preceding the date of payment to the bursary winner.
   
   
3. The ordinary tenure of the bursary is five years but the tenure may be extended for a further period not exceeding one year if the Council thinks fit.
   
   
4. If the bursary be awarded to a candidate who has already completed part of the course for the degrees of bachelor of Medicine and bachelor of Surgery the tenure terminates when the bursary-winner completes the course but it must in no case exceed one year more than is required by the University for the purpose.
   
   
5. The bursary is to be awarded by the Council on the recommendation of the Students Loan Fund and Bursaries Committee.

 

[ss. 3 and 5 substituted, ss. 4 and 7 revoked, s. 6 renumbered 4 6/11/00.]