20.1. The assets of the trust established by Professor Samuel Glasstone, the trusteeship of which was accepted by the University in 1971, together with the accumulated income and the further assets added in accordance with the provisions of Professor Glasstone’s will, shall constitute the Glasstone Benefaction.
20.2. (1) The benefaction shall be known as the Glasstone Fund.
(2) The net income arising from the fund shall be used for the establishment of postdoctoral fellowships for research in the University in the fields of Plant Sciences, Chemistry (Inorganic, Organic, or Physical), Engineering, Mathematics (including Statistics and Computer Science), Materials, and Physics.
(3) A fellowship will be made available by the University at the commencement of any academic year where sufficient income and suitable candidates are available. If the income is sufficient, the University may award more than one fellowship in any given year.
20.3. The fellowships shall be in memory of Professor Glasstone and his wife, Violette Glasstone, and shall be named the Violette and Samuel Glasstone Research Fellowships in Science; and the recipients of the fellowships shall be given a statement describing the identities and interests of Violette and Samuel Glasstone.
20.4. The fellowships shall not be restricted to graduates of the University, nor shall there be any age limit for recipients of the fellowships.
20.5. (1) The fellowships shall be awarded by the University in accordance with arrangements approved by Council, and shall be tenable at the University.
(2) They shall be awarded for a period of up to three years at the absolute discretion of the body or persons responsible for the award of the fellowship or fellowships in question.
20.6. Congregation may from time to time amend this Part so long as the main object of the bequest, as defined in section 20.2 above, is always kept in view.