Part of Council Regulations 25 of 2002: Trust Regulations
1. The University accepts with gratitude the sum of £10,000 from Mr Richard Youard, and any further sums which may be contributed for the same purpose, to establish a fund, the net income of which shall be used to sponsor the Richard Youard Lectures in Legal History.
2. The fund shall be administered by the Board of the Faculty of Law or by a subcommittee established by the faculty board.
3. Any income not expended in any year shall be carried forward for expenditure in subsequent years.
4. Council shall have power to amend this decree, after consultation with the Law Board, provided that in any change of decree the object of the fund as stated in clause 1 above shall always be kept in view.