Charitable objects
(A) CAPITAL ENDOWMENTS MAY BE APPLIED IN OR TOWARDS THE IMPROVEMENT OR REBUILDING OF ANY PROPERTY USED FOR OR IN CONNEXION WITH THE WORK OF THE SOCIETY OR IN OR TOWARDS THE ACQUISITION OR PROVISION OF PROPERTY TO BE PURCHASED FOR USE OR IN CONNEXION WITH THE WORK OF THE SOCIETY. (B) THE YEARLY INCOME SHALL BE APPLIED IN OR TOWARDS THE COST OF REPAIRS OR IMPROVEMENTS TO ANY BUILDINGS USED FOR OR IN CONNEXION WITH THE WORK OF THE SOCIETY AND INSOFAR AS NOT REQUIRED THEREFOR FOR THE GENERAL PURPOSES OF THE SOCIETY.