Dogfen lywodraethu S. J. DIXON & SON CHARITABLE TRUST
Dogfen lywodraethu
Nid dyma destun llawn dogfen lywodraethu'r elusen.
DECLARATION OF TRUST EXECUTED ON 18TH DECEMBER 2003.
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 PART OR PARTS OF THE CAPITAL, AT SUCH TIME OR TIMES, AND IN SUCH MANNER TO OR FOR THE BENEFIT OF SUCH EXCLUSIVELY CHARITABLE OBJECTS AND PURPOSES IN ANY PART OF THE WORLD AS THE TRUSTEES MAY IN THEIR DISCRETION THINK FIT. 3.2 THE TRUSTEES SHALL NOT APPLY ANY PART OF THE TRUST FUND DIRECTLY IN RELIEF OF PUBLIC FUNDS, BUT MAY APPLY THE WHOLE OR ANY PART OF THE TRUST FUND IN SUPPLEMENTING PUBLIC FUNDS. 3.3 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 THE RESULTING INCOME, IN ANY AUTHORISED INVESTMENTS AND SHALL HOLD THE SAME AS AN ACCRETION TO AND AS 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
IN ANY PART OF THE WORLD