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Science and Industry Endowment Act 1926
8Application of Fund
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##### 8 Application of Fund
(1) The income derived from the investment of so much of the Fund as represents the amount appropriated by this Act shall be applied to provide assistance:
(a) to persons engaged in scientific research; and
(b) in the training of students in scientific research.
(2) Assistance provided under the last preceding subsection shall be provided in such cases and subject to such conditions as the trustee determines.