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PROVIDING FOR KING EDWARD VII COLLEGE OR ANY OTHER SCHOOL, SUBSTANTIALLY SERVING THE PARISHES OF OSGATHORPE AND BELTON, AND FORMER URBAN DISTRICT OF COALVILLE, SPECIAL BENEFITS OF ANY KIND NOT NORMALLY PROVIDED BY THE LOCAL EDUCATIONAL AUTHORITY. B) PROMOTING THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING OF PERSONS UNDER THE AGE OF 25 YEARS WHOSE PARENTS ARE RESIDENT IN THE COUNTY OF LEICESTERSHIRE, AND WHO ARE IN NEED OF FINANCIAL ASSISTANCE.