Governing document STUDLAND CHURCH LANDS TRUST
Governing document
It is not the full text of the charity's governing document.
SCHEME DATED 18 JANUARY 1993
Charitable objects
THE TRUST'S INCOME ARISES THROUGH INVESTMENT AND RENTAL INCOME. AFTER APPLYING THE INCOME TO DEFRAY THE COSTS OF MAINTAINING THE TRUST PROPERTY AND COSTS OF ADMINISTRATION THE INCOME IS APPLIED AS FOLLOWS:- 1. THE ESTABLISHMENT OF A FABRIC FUND' BY THE TRANSFER OF SUCH ANNUAL SUM SUFFICIENT FOR THE REPAIR, IMPROVEMENT OR REBUILDING OF THE PARISH CHURCH OF ST NICHOLAS, STUDLAND. IN SO FAR AS THE FUND IS NOT APPLIED FOR THE PURPOSE FOR WHICH IT WAS ESTABLISHED, ANY SURPLUS WILL BE INVESTED IN THE TRUST. 2. FUNDS IN SO FAR AS THEY CANNOT BE DIRECTED INTO THE FABRIC FUND WILL BE APPLIED FOR THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE CHURCH OF ENGLAND IN THE ECCLESIASTICAL PARISH OF STUDLAND. ANY FURTHER INCOME NOT SO APPLIED MAY BE PAID BY THE MANAGING TRUSTEES TO THE SALISBURY DIOCESAN BOARD OF FINANCE FOR THE CREATION OF A SEPARATE FUND TO BE APPLIED FOR THE RELIGIOUS AND OTHER CHARITABLE WORK OF THE CHURCH OF ENGLAND IN THE BENEFICE OF SWANAGE AND STUDLAND.
Area of benefit
SWANAGE AND STUDLAND
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