Governing document THE BARCLAYS CAPITAL CHARITABLE TRUST

Charity number: 1102608
Removed charity

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

CHARITABLE SETTLEMENT DATED 08 DECEMBER 1999 AS AFFECTED BY AN IRREVOCABLE DEED OF VARIATION DATED 30 JANUARY 2003 AND A DECLARATION OF PROPER LAW DATED 06 MAY 2003

Charitable objects

5 (1) THE TRUSTEES SHALL HOLD THE INCOME OF THE TRUST FUND IN TRUST TO PAY OR APPLY IT IN OR TOWARDS SUCH CHARITABLE PURPOSES AS THE TRUSTEES FROM TIME TO TIME THINK FIT (BUT WITH POWER TO ACCUMULATE INCOME). (2) NOTWITHSTANDING THE FOREGOING TRUST OF INCOME THE TRUSTEES MAY AT ANY TIME OR TIMES AS THEIR DISCRETION PAY OR APPLY THE WHOLE OR ANY PART OR PARTS OF THE CAPITAL OF THE TRUST FUND FOR OR TOWARDS SUCH CHARITABLE PURPOSES AS THE TRUSTEES THINK FIT. (3) IN APPLYING INCOME OR CAPITAL AT ANY TIME OR TIMES UNDER SUB-CLAUSE (A) AND (B) OF THIS CLAUSE 5 THE TRUSTEES MAY INSTEAD OF APPLYING IT DIRECTLY FOR CHARITABLE PURPOSES PAY OR TRANSFER IT TO ANOTHER CHARITY AND IN ANY SUCH CASE RECEIPT OF THE PERSON PROFESSING TO BE THE TREASURER OR OTHER PROPER OFFICER OF THE RECIPIENT CHARITY SHALL BE A FULL DISCHARGE TO THE TRUSTEES WHO SHALL NOT BE REQUIRED TO SEE TO THE PROPER PAYMENT OR APPLICATION OF THE PROPERTY PAID AND TRANSFERRED.

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED


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