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3. In clause 6:—
(a)after the words “no member” where they first occur there shall be inserted the words “(other than the Principal of the Institution, the School Directors, any other members of the full-time academic staff, and any member of the full-time non-academic staff, who are members of the Board)”;
(b)for the terms “Council of Management or governing body of the Institution”, “Council or governing body” and “Council of Management or governing body” there shall be substituted the word “Board”;
(c)after the words “given to any member” there shall be inserted the words “(other than the Principal of the Institution, the School Directors, any other members of the full-time academic staff, and any member of the full-time non-academic staff, who are members of the Board)”; and
(d)for the words “and interest on money lent” there shall be substituted the following words “or interest on money lent or (in the case of any member of the Board or of any committee appointed thereby who holds office in a students' association or who is a student) except also payments by way of scholarship, bursary or other similar award out of the funds of the Institution, whencesoever derived.”.
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