EDUCATIONAL ENDOWMENTS 28;
eleven clauses and a schedule, having the object of
“rendering educational endowments as serviceable
as possible for the educational purposes of the time.”
The Board alone was to have full and exclusive
power to make schemes, subject to a prescribed
procedure and to the consent of the governing
body being obtained in the case of endowments
founded within thirty years. Schemes for endow-
ments of an annual value of more than [50 were
to be provisional and require confirmation by
Parliament if petitioned against. In making schemes
the Board was “to have regard primarily to the
educational advantages to be derived from the
scheme.” A schedule to the Bill repealed Section 13
of the Act of 1902. The design of this part of the
Bill was to make an entirely fresh start with a new
jurisdiction over educational endowments, unfettered
(except as regards voluntary school buildings) by
the rules or practice or ¢y prés doctrine of the Court
of Chancery, or by the Charitable Trusts and
Endowed Schools Acts, and subject to no control
except that of Parliament. It also embodied the
principle that the application of endowments should
be governed by regard to the educational advantage
obtainable from it, and that any regard paid to
claims of particular classes or areas or denominations
under the trusts should be subordinate to the
primary object of extracting from the endowment
the maximum educational advantage. This part
of the Bl (czcent certain provisions relating to
voluntary school buildings) was dropped before it
went into Committee.
In 1910-1911 a Departmental Committee, with