Dogfen lywodraethu THE SWINFEN CHARITABLE TRUST
Dogfen lywodraethu
Nid dyma destun llawn dogfen lywodraethu'r elusen.
TRUST DEED DATED 23 DECEMBER 1997 AS AMENDED BY DEED OF VARIATION DATED 22 JANUARY 1999 AS AMENDED BY DEED OF VARIATION DATED 7 SEPTEMBER 1999
Gwrthrychau elusennol
3.1 THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPON TRUST TO APPLY THE INCOME, AND ALL OR SUCH PARTS OF THE CAPITAL, AT SUCH TIME OR TIMES IN SUCH MANNER TO OR FOR THE BENEFIT OF SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES 0IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT AND IN PARTICULAR FOR THE PROVISION OF RELIEF AND/OR TREATMENT FOR ANYONE SUFFERING FROM ANY SUCH INJURY, AILMENT, COMPLAINT OR DISABILITY EITHER BY DIRECT GRANT TO ANY SUCH SUFFERER OR BY PAYMENT TO ANY EXISTING OR FUTURE FUND, FOUNDATION, HOSPITAL, INSTITUTION, CORPORATE BODY OR TRUST ENGAGED IN SUCH RELIEF AND/OR TREATMENT. 3.2 THE TRUSTEES MAY IN THEIR DISCRETION, FOR THE PERIOD OF 21 YEARS FROM THE DATE OF THIS DEED, INSTEAD OF APPLYING THE INCOME TO THE CHARITY IN ANY YEAR, ACCUMULATE ALL OR ANY PART OF SUCH INCOME AT COMPOUND INTEREST BY INVESTING THE SAME AND THE RESULTING INCOME, IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ACCRETION AND AS PART OF THE CAPITAL OF THE CHARITY, WITHOUT PREJUDICE TO THEIR RIGHT TO APPLY 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.
Maes buddion
WORLDWIDE
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