Therefore, from and after the date of this Supplemental Scheme, being the day upon which the Lord Lieutenant shall by Order in Council declare his approbation hereof, the said Endowment shall beheld, governed, managed and applied for the purposes, with the powers, under the conditions and pro¬ visions, and in the manner hereinafter set forth, and not otherwise, any previous Act of Parliament, Letters Patent, Statute, Charter, Scheme, Decree, Order, Deed, Will, Instrument, Trust, or Direction, relating to the subject-matter of this Supplemental Scheme, to the contrary notwithstanding.
Preliminary.
1.
For the purposes of this Supplemental Soheme, unless the context other-Interpretation or wise requires, the following terms shall be interpreted as follows :—
Terms.
" The Act" shall mean The Educational Endowments (Ireland) Act, 1885.
" The Commissioners" shall mean the Commissioners of Education in Ireland, incorporated under the hereinbefore recited Act, 53 George III, cap.
107, as duly constituted for the time being.
" Intermediate Education" shall mean Education in such subjects as may, from time to time, be included in the programme of the examinations held by the Intermediate Education Board for Ireland.
" The Endowment" shall mean and include all the estate and interest of the Commissioners in the land, buildings, tenements, hereditaments, stocks, funds, securities, moneys, and premises described in the Schedule hereto; and all rents, interest, dividends, and income thereof, due or accruing, and all other the property, real or personal, at the date of this Scheme vested in or held or possessed by the Commissioners, or by any other person or persons, upon trust for or applicable to the purposes of the Diocesan Free School for the Dioceses of Limerick, Killaloe, and Kilfenora, formerly existing at Limerick as hereinbefore mentioned; and shall also include the proceeds of the sale of the estate and interest of the Commissioners in the said land buildings and premises described in the Schedule hereto, when sold as herein¬ after directed.
" The Original Scheme" shall mean the Scheme, No.
90, framed under the Act as hereinbefore mentioned, as finally approved by the Lord Lieutenant by the hereinbefore recited Order in Council dated January 28, 1896.
Trusts of the Endowment.
2.
From and after the date of this Scheme, the Commissioners shall con' Trusts of the tinue to hold the Endowment, with all powers rights and remedies for the Endowment.
recovery thereof, and shall receive and apply the income and annual produce thereof, subject to the conditions and provisions herein contained, and to all such rents, charges, rights, tenancies, easements, and liabilities as at the date of this Scheme may lawfully affect the same, upon trust to promote Intermediate Education in the Dioceses of Limerick, Killaloe, and Kilfenora, hereinafter referred to as the locality to which the said Endowment belongs.
Application of the Endowment.
3.
The Commissioners shall and may apply the interest, dividends, rents, Application of profits, and other annual produce of the Endowment, to such and so many of the Endowment, the following purposes as they may, from time to time, deem most expedient for the promotion of Intermediate Education in the locality to which the Endowment belongs:—
(a.)
To aid Schools which are engaged in giving Intermediate Educa¬ tion in the said locality, by giving grants towards the payment of teachers of Intermediate Schools, or the purchase of educational appliances required for giving Intermediate Education.
(&.)
To provide prizes or exhibitions, or to pay or contribute to the payment of school fees, for deserving pupils of Intermediate Schools 90
B
