Watermillock Educational Foundation

FOR THE BENEFIT OF PERSONS OF EITHER SEX WHO HAVE NOT ATTAINED THE AGE OF TWENTY-FIVE YEARS, WHO ARE RESIDENT IN THE ANCIENT TOWNSHIP AND ECCLESIASTICAL PARISH OF WATERMILLOCK, AND WHO, IN THE OPINION OF THE TRUSTEES, ARE IN NEED OF FINANCIAL ASSISTANCE:- EXHIBITIONS TENABLE AT ANY SECONDARY SCHOOL, TRAINING COLLEGE FOR TEACHERS, UNIVERSITY, OR OTHER INSTITUTION OF FURTHER (INCLUDING PROFESSIONAL AND TECHNICAL) EDUCATION APPROVED BY THE TRUSTEES, TO BE AWARDED UNDER RULES TO BE MADE BY THE TRUSTEES INCLUDING RULES AS TO THE VALUE AND PERIOD OF TENURE OF THE EXHIBITIONS, AND THE QUALIFICATIONS AND METHOD OF ASCERTAINMENT AND SELECTION OF CANDIDATES. FOR FURTHER DETAILS, PLEASE SEE CLAUSE 11 OF THE SCHEME.