76 Industrial scholarships.S
(1)The Secretary of State may award industrial scholarships or make payments to any other person in respect of the award of such scholarships by that person.
(2)In this section “industrial scholarships” means scholarships (however described) tenable by persons undertaking full-time courses of higher education provided by a university, college or other institution in the United Kingdom, being courses which appears to the Secretary of State or, as the case may be, the person awarding the scholarships to be relevant to a career in industry.
(3)In subsection (2) above the reference to a full-time course includes a reference to a course consisting of alternate periods of—
(a)full-time study in the university, college or institution in question; and
(b)associated industrial, professional or commercial experience;
and the reference in that subsection to a course provided by a university, college or institution in the United Kingdom includes a reference to a course provided by such a university, college or institution in conjunction with a university, college or other institution in another country.