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1. The Hellyar Prize may be awarded in each session in recognition of outstanding contributions to the life and work of the Institute of Archaeology.
2. The Prize is awarded by the Council on the recommendation of the Faculty of Social and Historical Sciences.
3. The value of the prize is £50. The prize may be awarded jointly to more than one student.
4. No application is necessary.
5. Awards are subject to the provisions of the General Regulations.