Y Gofrestr Elusennau - Y Comisiwn Elusennau WILLIAM BARCLAY PEAT MEMORIAL SCHOLARSHIP FUND IN CONNECTION WITH THE INSTITUTE OF CHARTERED ACCOUNTANTS

DEED DATED 3 JUNE 1936 , AS AMENDED BY SCHEMES OF 31 OCTOBER 1975, 8 NOVEBER 1976, 8 AUGUST 1983.

TO PROVIDE SCHOLARSHIPS NOT EXCEEDING THIRTY POUNDS PER ANNUM FOR A PERIOD OF THREE YEARS FOR SUCH CHILDREN OR DEPENDENTS OF THE PAST AND PRESENT MEMBERS FO THE INSTITUTE AS THE COMMITTEE IN THEIR SOLE DISCRETION SHALL SELECT TO RECEIVE THE SAME. IN MAKING SUCH SPECIAL GRANTS FOR EDUCATIONAL PURPOSES TO CHILDREN OR DEPENDENTS OF PAST AND PRESENT MEMBERS OF THE INSTITUTE AS THE COMMITTEE IN THEIR SOLE DISCRETION SHALL THINK FIT; AND SHALL APPLY THE SURPLUS INCOME, IF ANY , TOWARDS CARRYING ON THE GENERAL PURPOSES OF THE CHARTERED ACCOUNTANTS BENEVOLENT ASSOCIATION OR BY ACCUMULATING THE SAME FOR FUTURE APPLICATION TO ANY OF THE PURPOSES AFORESAID.

NATIONAL

CHARTERED ACCOUNTANTS' BENEVOLENT ASSOCIATION