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Scholarships.
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24.— (1) A chief executive of an education and training board may prepare and submit a proposal to the board for the establishment of, or the provision of assistance in the establishment of, a scholarship by the board.
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(2) A proposal under subsection (1) for the establishment of a scholarship by the board shall specify—
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(a) the amount and tenure of the scholarship, and
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(b) any terms and conditions to be attached to the scholarship.
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(3) A proposal under subsection (1) for the provision of assistance in the establishment of a scholarship shall specify—
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(a) the amount and tenure of the scholarship,
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(b) any terms and conditions to be attached to the scholarship, and
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(c) the nature of the assistance to be provided by the board in the establishment of that scholarship.
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(4) An education and training board shall, having considered a proposal under subsection (1)—
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(a) with the approval of the Minister establish, or assist in the establishment of, the scholarship in accordance with the terms and conditions of the proposal, or
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(b) refuse to establish or assist in the establishment of the scholarship.
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