Gwrthrychau elusennol
1) FOR THE BENEFIT OF: -
SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES; AND/OR
SUCH REGISTERED CHARITIES FOR THEIR WORK
IN ANY PART OF THE WORLD, AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT; AND
2) THE TRUSTEES MAY, IN THEIR DISCRETION, FOR THE PERIOD OF 21 YEARS FROM THE DATE OF THIS DEED, INSTEAD OF APPLYING THE INCOME OF THE CHARITY IN ANY YEAR ACCUMULATE ALL OR ANY PART OF SUCH INCOME AT COMPOUND INTEREST BY INVESTING THE SAME AND RESULTING INCOME IN ANY OF THE AUTHORISED INVESTMENTS AND HOLD THE SAME AS AN ADDITION TO 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.
