1. The John Locke Lecturer in Philosophy shall hold office for one academic year.
2. The lecturer shall deliver not less than six lectures on Philosophy during any one or two of the three terms of the academic year.
3. The lecturer shall be appointed, at least biennially, by the Board of the Faculty of Literae Humaniores.
4. The lecturer shall receive a stipend and travel expenses of such value as the board shall from time to time determine.