Part 21: Calouste Gulbenkian Professor of Armenian Studies

21.1. The first charge on the net income of the fund for the endowment of the Calouste Gulbenkian Professorship of Armenian Studies shall be the costs (including support costs) of the professorship.

21.2. Any balance of income not required for the professorship may be applied, under such arrangements as may be approved from time to time by Council, towards the travel and other research expenses of the Calouste Gulbenkian Professor.

21.3. Congregation may from time to time amend this Part so long as the main object of the fund, as defined in section 21.1 above, is always kept in view.

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