Main Points of The Act
The main aspects of the Act were as follows:
- That where £1000 was raised by donation or subscription in any district for the purpose of establishing a Grammar School, then the Governor (with the advice of the Executive Council), if satisfied with the proposed School, paid to the Trustees "a sum not exceeding the amount raised".
- That when fees to the amount of £250 per annum were promised for a period of not less than three years, the Governor (with the advice of the Executive Council) shall pay out of the general revenue of the Colony £500 to the credit of the Trustees, towards the upkeep of the School.
- A body of seven persons, to be called the Trustees of the School, were to be elected. Four of those seven were to be nominated by the Governor (with the advice of the Executive Council), whilst the other three were to be elected by vote of subscribers of over £5 to the funds of the School.
- The Governor (with the advice of the Executive Council) was permitted to, in any one year, reserve 10% of the amount payable to a School to provide for scholarships to any British or Australian university. Such scholarships were awarded after public competitive examinations.
Read more about this topic: Grammar Schools Act 1860
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