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APPLICATION OF PROPERTY
1) THE PURPOSE OF THE CHARITY SHALL BE, FOR THE PUBLIC BENEFIT, TO APPLY ITS CAPITAL AND INCOME FOR THE BENEFIT OF BINHAM PRIORY, NORFOLK, MANAGED FROM TIME TO TIME BY ENGLISH HERITAGE.
2) IF AND IN SO FAR AS THE CAPITAL AND INCOME OF THE CHARITY CANNOT BE APPLIED TOWARDS THE PURPOSE SPECIFIED IN SUB-CLAUSE 1) ABOVE, THE TRUSTEE MAY APPLY IT TO BENEFIT ANY SCHEDULED MONUMENT OR LISTED BUILDING MANAGED FROM TIME TO TIME BY ENGLISH HERITAGE IN THE COUNTIES OF NORFOLK, SUFFOLK, CAMBRIDGESHIRE, ESSEX, BEDFORDSHIRE AND HERTFORDSHIRE.