Edward Shann Memorial Lecture in Economics [F7873]

1. The sum of $2200 raised by an appeal organised by the Western Australian Branch of the Economic Society of Australia and New Zealand (the Society) to provide a memorial to the late Professor Edward Owen Giblin Shann (1884-1935), a foundation professor of the University, first occupant of the Chair of Economics, and founder of the Society in Western Australia, and presented to the University in 1960, together with any further sums raised by the Society for the purpose and presented to the University and any sums added under the provisions of 6, is held by the University in trust as the Edward Shann Memorial Lecture Trust Fund (the fund).

2. The income from the fund is used to finance an annual memorial lecture, to be called the Edward Shann Memorial Lecture in Economics.

3. The lecture is a free public lecture and is held at The University of Western Australia.

4. The lecturer in each year is a leading authority in some branch of economic studies and the subject of each lecture is such as to make a significant contribution to economic thought in Australia.

5. The selection of the lecturer is done by a committee comprising a nominee of the Head of the School of Economics and Commerce who must be a senior academic in Economics, or, in their absence, a member of the Faculty of Economics and Commerce nominated by the Head of the School, and a member of the Society nominated by its Council and the arrangements for the lecture will be made by the Registrar of the University.

6. Any surplus income of the fund over expenditure in any year is added to and becomes part of the fund.

7. These regulations may from time to time be altered by the University with the consent of the Council of the Society.