R7.257 – The University of Melbourne French Trust Fund

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Recitals –

1. By letter dated 18 May 2006 the University commenced an appeal for a recently established fund called ‘The University of Melbourne French Trust Fund’, the dual objectives of such fund being to-

   1. facilitate and promote research and teaching associated with France and other French-speaking countries; and
   2. promote French-Australian relations.

2. The appeal brochure said it was intended the fund would-

   1. support exchange programs for members of staff and for students enrolled in higher research degrees;
   2. provide post-doctoral fellowships;
   3. support an increase in academic and other visitors;
   4. encourage research initiatives that will promote French-Australian relations;
   5. provide support for seminars, conferences, special lectures and lecture series; and
   6. fund other initiatives consistent with the objectives of the fund.
3. At 18 April 2008, the amount of the fund was $34,201.56

It is provided as follows-

1. The sum of $34,201.56, and any accumulations and additions to the sum, forms a fund called ‘The University of Melbourne French Trust Fund’ (‘the fund’) and the fund must be paid into an investment pool and remain there until Council directs otherwise.

2. The capital and net annual income of the fund is to be applied by Council from time to time on the recommendation of the dean of Arts (‘the dean’) to facilitate and promote research and teaching associated with France and other French-speaking countries and to promote French-Australian relations.

   This includes-

   1. to support exchange programs for members of staff and for students enrolled in higher research degrees;
   2. to provide post-doctoral fellowships;
   3. to support an increase in academic and other visitors;
   4. to encourage research initiatives that will promote French-Australian relations;
   5. to provide support for seminars, conferences, special lectures and lecture series; and
   6. to fund other initiatives consistent with the objectives of the fund.
3. The dean may appoint a committee to advise in relation to expenditure from the fund.
4. The costs incurred in fundraising are not payable from the fund.
5. Unspent income in any year may be added to the capital of the fund, or be retained as income to be applied in any subsequent year for the purpose of the fund.

6. The dean must-

   1. ensure that full and proper accounts and records of the income and expenditure of the fund are kept; and
   2. provide an annual report to Council on the administration of the fund.