Charitable objects
TO APPLY ITS FUNDS AS IT MAY HOLD FROM TIME TO TIME FOR SUCH CHARITABLE PURPOSE OR PURPOSES AS ARE LAWFUL ACCORDING TO THE LAWS OF ENGLAND AND WALES FOR THE BENEFIT OF SUCH ONE OR MORE INDIVIDUAL(S), ANY QUALIFIED CHARITY OR CHARITIES (A QUALIFIED CHARITY IS ANY PURPOSE BODY OR OBJECT IN ANY PART OF THE WORLD WHICH UNDER THE LAW OF ENGLAND SHALL BE RECOGNISED AS BEING EXCLUSIVELY CHARITABLE), TRUSTS, ASSOCIATIONS, INSTITUTIONS OR ORGANISATIONS ESTABLISHED FOR SUCH CHARITABLE PURPOSES AS AFORESAID.
