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B)
THEY SHOULD PREFERABLY BENEFIT AN AREA NOT ALREADY
COVERED BY A CHARITABLE ENDOWMENT:
C)
IF POSSIBLE, WE SHOULD AVOID ESTABLISHMENT OF YET ANOTHER SEPARATE TRUST, WITH THE PARAPHERNALIA OF TRUST DEED, TRUSTEES, ADMINISTRATION ETC, BUT
D)
IF THE FUNDS ARE TO BE CHANNELLED THROUGH AN EXISTING ORGANISATION SUCH AS THE BRITISH COUNCIL, A UNIVERSITY, THE UK OVERSEAS STUDENTS ASSOCIATION (UKOSA) OR THE CHINESE COMMUNITY CENTRES IN BRITAIN, WE SHOULD ENSURE THAT THE FUNDS WILL SERVE THE SPECIFIC PURPOSE LAID DOWN BY HMG.
3.
SUBJECT TO FURTHER CONSULTATION OUTSIDE THE OFFICE A FITTING USE OF FUNDS ON THAT BASIS MIGHT BE ONE OF THE FOLLOWING:
A)
ESTABLISHMENT OF A CHAIR OR SENIOR PROFESSORSHIP OF HONG KONG STUDIES AT A BRITISH UNIVERSITY, PERHAPS IN A FIELD OF STUDY THAT WOULD BE BENEFICIAL POST-1997:
B)
ESTABLISHMENT IN PERPETUITY OF A FELLOWSHIP TO BE HELD FOR A LIMITED PERIOD BY ACADEMICS UNDERTAKING RESEARCH OR TEACHING IN A FIELD RELATING TO HONG KONG:
C)
ASSISTANCE TO HONG KONG STUDENT WELFARE, BEARING IN MIND POSSIBLE POST-1997 NEEDS.
4.
WE BELIEVE THAT POUNDS 1 MILLION SHOULD BE MORE THAN SUFFICIENT TO ENDOW A CHAIR OR SENIOR PROFESSORSHIP IN PERPETUITY. A CHAIR OF MODERN JAPANESE STUDIES WAS ESTABLISHED IN PERPETUITY AT CAMBRIDGE IN 1984, WITH AN ENDOWMENT OF POUNDS 650,000. A PROPOSAL IS NOW ALSO UNDER DISCUSSION FOR A CENTRE OF SOUTH EAST ASIAN STUDIES AT ST ANTONY'S COLLEGE, OXFORD, FOR WHICH THE ESTIMATED REQUIREMENT IS POUNDS 500,000. THE QUESTION OF WHERE TO ESTABLISH A
APART FROM CHAIR OR PROFESSORSHIP WOULD NEED WIDER CONSULTATION. THE SCHOOL OF ORIENTAL AND AFRICAN STUDIES, AND THE INSTITUTE OF COMMONWEALTH STUDIES (LONDON) WHICH CONCENTRATES ON THE SOCIAL SCIENCES, WE UNDERSTAND THAT OXFORD UNIVERSITY HAVE A LONG ASSOCIATION WITH HONG KONG. THEY HAVE THE ASIAN STUDIES CENTRE, AND THE REORGANISED INSTITUTE OF COMMONWEALTH STUDIES AT QUEEN ELIZABETH HOUSE. A CHAIR OF HONG KONG STUDIES AT THE INSTITUTE IN OXFORD THUS SEEMS TO BE A RUNNER. THE SAME GENERAL CONSIDERATIONS WOULD APPLY TO A FELLOWSHIP IN HONG KONG STUDIES.
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