Governing document THE ALMA THOMAS ROYAL MARSDEN SETTLEMENT
Governing document
It is not the full text of the charity's governing document.
TRUST DEED DATED 26 JULY 2010
Charitable objects
2.1. THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME, AND ALL OR SUCH PART OR PARTS OF THE CAPITAL, AT SUCH TIMES, IN SUCH MANNER, AND SUBJECT TO SUCH RESTRICTIONS (IF ANY), AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT FOR OR TOWARDS THE ADVANCEMENT OF HEALTH OR THE SAVING OF FIVES, INCLUDING BUT NOT LIMITED TO THE PROVISION OF FACILITIES, SUPPORT SERVICES AND EQUIPMENT AT THE ROYAL MARSDEN HOSPITAL. 2.2. THE TRUSTEES SHALL NOT APPLY ANY PART OF THE TRUST FUND DIRECTLY IN RELIEF OF PUBLIC FUNDS BUT MAY APPLY THE WHOLE OR ANY PART OF THE TRUST FUND IN SUPPLEMENTING PUBLIC FUNDS. 2.3. THE TRUSTEES MAY IN THEIR DISCRETION, INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR, ACCUMULATE ALL OR ANY PART OF SUCH INCOME BY INVESTING THE SAME, AND THE RESULTING INCOME, IN ANY INVESTMENTS AUTHORISED BY THIS DEED OR BY LAW AS AN ACCRETION TO AND AS PART OF THE WHOLE OR ANY PART OF SUCH ACCUMULATED INCOME IN ANY SUBSEQUENT YEAR AS IF THE SAME WERE INCOME OF THE CHARITY ARISING IN THE THEN CURRENT YEAR.
Area of benefit
ROYAL MARSDEN HOSPITAL
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