George Mitchell Scholarship Fund Act, 1998.
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George Mitchell Scholarship Fund. |
2.—(1) The Minister shall duly establish, in the United States, a fund which shall be known as the George Mitchell Scholarship Fund, and is in this Act referred to as “the Fund”, to provide scholarships to citizens and nationals of the United States, attending, as students or research scholars with a high level of academic achievement, universities or colleges of higher learning in the United States, to enable those persons to study or carry out research— | |
(a) in the State, at— | ||
(i) a university or college to which the Universities Act, 1997 , applies, | ||
(ii) the Dublin Institute of Technology, | ||
(iii) an educational institution to which the Regional Technical Colleges Act, 1992 , applies, or | ||
(iv) the Irish School of Ecumenics, situated, for the time being, at Milltown in the city of Dublin, | ||
or | ||
(b) in Northern Ireland, at such a university or other institution of higher education as the Minister may, with the consent of such university or other institution and any other relevant competent authority, specify. | ||
(2) The Fund shall be managed and controlled, in the United States, by such person or persons (other than the Minister) as the Minister, with the consent of the Minister for Finance, considers appropriate and, from time to time, appoints, and different persons may be so appointed to manage and control the Fund in different capacities. | ||
(3) The Minister shall make, with the consent of the Minister for Finance, an agreement, with such person or persons, as the Minister considers appropriate, in respect of the management and control of the Fund, and such an agreement shall provide, as may be appropriate, for all of the following: | ||
(a) any relevant matters relating to the control and management of the Fund, | ||
(b) accounts of the Fund and, in particular, an investment account, | ||
(c) areas of study and research for which scholarships may be awarded under the Fund, | ||
(d) criteria as to the academic standard required of a candidate to be awarded a scholarship under the Fund, | ||
(e) disbursements from the Fund, | ||
(f) the law to be applied, in the event of any dispute between the parties to the agreement, and | ||
(g) any other matter the Minister, with the consent of the Minister for Finance, considers relevant to give effect to the operation of the Fund, | ||
and may specify the universities or colleges of higher learning in the United States or class or classes of such universities or colleges from which a candidate may or may not apply for a scholarship provided under the Fund. | ||
(4) The Minister shall cause a copy of any agreement made by him or her, in respect of the management and control of the Fund, to be laid before each House of the Oireachtas. |