1. The legacy of £100,000 made by Professor Oswald Hanfling received by the University, together with any further donations for this purpose, shall be known as the Hanfling Fund (‘the Fund’).
2. The administration of the Fund, and the application of its income, shall be the responsibility of the Board of the Faculty of Philosophy. The Faculty Board shall determine the terms and amounts of expenditure from the Fund.
3. The objects of the Fund are:
(a) to promote interest among the University’s teachers and students of philosophy in the use of arguments from ordinary language, as deployed by philosophers from ancient times to the present day; to encourage both the use of such arguments and critical discussion of their nature and value;
(b) to promote the writing of philosophy in lucid and attractive prose, with a minimum of technical terminology and with sensitivity to abnormal uses of ordinary words.
4. The net income of the Fund shall be used to further the objects of the Fund specified in regulation 3 above ((a) is the principal object, (b) is subsidiary). The Faculty Board shall use the income primarily to support graduate students in Philosophy in the form of one year Scholarships and/or research or conference grants; scholarships shall be renewable for one or more further years, at the discretion of the Faculty Board. The Faculty Board may also use the income to assist with the costs of special lectures, lecture series, essay prizes, and conferences.
5. If in any year the available income is not spent, in whole or in part, it should be carried forward for use in subsequent years. The Faculty Board may in a given year decide not to make any funding available, so as to be able to make a larger expenditure in a subsequent year.
6. Council shall have the power to alter these regulations from time to time, provided always that the objects of the Fund as stated in regulations 3 (a) and (b) above shall be kept in view.