Y Gofrestr Elusennau - Y Comisiwn Elusennau H S MORTON EXCHANGE FELLOWSHIP FUND

TRUST DEED DATED 30 APRIL 1993

I) TO OR TOWARDS THE ADVANCEMENT AND PROMOTION OF STUDY AND RESEARCH INTO SURGERY THROUGH THE ESTABLISHMENT AND AWARD OF SCHOLARSHIPS FOR THE EXCHANGE OF SURGEONS AND STUDENTS IN SURGERY BETWEEN THE UNITED KINGDOM AND CANADA AND II)SUBJECT TO THE OBJECTS EXPRESSED IN SUB-CLAUSE (I) ABOVE IF AT ANY FUTURE DATE SUCH OBJECTS CANNOT IN THE REASONABLE OPINION OF THE COUNCIL ANY LONGER BE CARRIED OUT OR SUCH OBJECTS PROVIDE A USE FOR PART ONLY OF THE TRUST FUND THEN THE COUNCIL MAY IN ITS ABSOLUTE DISCRETION DETERMINE THAT THE TRUST FUND OR ANY PART OF IT SHALL BE APPLIED FOR SUCH OTHER CHARITABLE PURPOSES OF THE COLLEGE AS THE COUNCIL SHALL THINK FIT HAVING REGARD TO THE SIZE OF THE TRUST FUND AND THE SETTLORS ORIGIONAL INTENTION

NOT DEFINED

ROYAL COLLEGE OF SURGEONS OF ENGLAND