Charitable objects
THE INCOME SHALL BE APPLIED TO PAY SUCH SUM AS THE SOCIETY THINK FIT IN EACH CASE TO A POST GRADUATE STUDENT OR STUDENTS WHO HAVE GRADUATED IN AN HONOURS SCHOOL OR ITS EQUIVALENT IN ORGANIC CHEMISTRY AND WHOSE FINANCIAL CIRCUMSTANCES DO NOT PERMIT SUCH A POST GRADUATE STUDENT OR STUDENTS TO EXTEND THEIR STAY AT THEIR UNIVERSITY COLLEGE BEYOND THE UNDERGRADUATE PERIOD TO DO RESEARCH WORK OR ADVANCED STUDY IN A SUBJECT RELATED TO ORGANIC CHEMISTRY.