21. I direct that of the two Scholarships appropriated to a State or Territory not more than one shall be filled up in any year so that at no time shall more than two Scholarships be held for the same State or Territory.
22. The Scholarships shall be paid only out of income and in the event at any time of income being insufficient for payment in full of all the Scholarships for the time being payable I direct that (without prejudice to the vested interests of holders for the time being of Scholarships) the following order of priority shall regulate the payment of Scholarships.
[Provided that:—
Scholarships shall be paid of (i) students from Rhodesia, (ii) of students from the South African Stellenbosch, Rondebosch, and St. Andrews School, (iii) of students from the other British Colonies, (iv) of students holding the American Scholarships.
Articles 23, 24, 25, which dealt with the qualities of candidates and methods of selection, were replaced by clauses in the Codicil of Oct. 11, 1901. See [p. 18].]
26. A qualified student who has been elected as aforesaid shall within six calendar months after his election or as soon thereafter as he can be admitted into residence or within such extended time as my Trustees shall allow commence residence as an undergraduate at some College in the University of Oxford.
27. The Scholarship shall be payable to him from the time when he shall commence such residence.
28. I desire that the Scholars holding the Scholarships shall be distributed amongst the Colleges of the University of Oxford and not resort in undue numbers to one or more Colleges only.
29. Notwithstanding anything hereinbefore contained my Trustees may in their uncontrolled discretion suspend for such time as they shall think fit or remove any Scholar from his Scholarship.
Article 30