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The Admiralty may, under regulations to be from time to time made by them, provide, wholly or in part, for the education, and maintenance of sons and daughters of deceased or distressed commissioned officers of the Royal Navy or Marines, subject to the following restrictions:
(1)The total number of boys and girls being educated and maintained under this section at any one time shall not exceed fifty:
(2)The amount expended under this section on the education and maintenance of any boy or girl shall not exceed the rate of twenty pounds a year.
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