Charitable objects
(I) FOR THE BENEFIT OF ANY PERSON OR PERSONS WHO OWING TO POVERTY ARE IN NEED OF PECUNIARY ASSITANCE AND WHO HAVE SERVED IN THE FORMER 15TH (THEKINGS) HUSSARS OR ARE THE DEPENDANTS WIDOWS OR ORPHANS OF PERSONS WHO HAVE SERVED IN THE FORMER 15TH (THE KINGS) HUSSARS; (II) FOR THE BENEFIT OF ANY PERSON OR PERSONS WHO OWING TO POVERTY ARE IN NEED OF PECUNIARY ASSISTANCE AND WHO HAVE SERVED IN THE FORMER 19TH ROYAL HUSSARS (QUEEN ALEXANDRA'S OWN) OR ARE THE DEPENDANTS, WIDOWS OR ORPHANS OF PERSONS WHO HAVE SERVED IN THE FORMER 19TH ROYAL HUSSARS (QUEEN ALEXANDRA'S OWN); (III) FOR THE BENEFIT OF ANY PERSON OR PERSONS WHO OWING TO POVERTY ARE IN NEED OF PECUNIARY ASSISTANCE AND WHO HAVE SERVED OR ARE SERVING IN THE 15TH/19TH THE KING'S ROYAL HUSSARS OR ARE THE DEPENDANTS, WIDOWS OR ORPHANS OF PERSONS WHO HAVE SERVED OR ARE SERVING IN THE 15TH/19TH THE KING'S ROYAL HUSSARS; (IV) IN MAINTAINING OR IN INCREASING THE EFFICIENCY AND ESPRIT DE CORPS OF THE 15TH/19TH THE KING'S ROAYL HUSSARS IN PROMOTING A GOOD COMRADESHIP BETWEEN FORMER MEMBERS OF THE FORMER 19TH ROYAL HUSSARS (QUEEN ALEXANDRA'S OWN) AND PAST AND PRESENT MEMBERS OF THE 15TH/19TH THE KING'S ROYAL HUSSARS AND IN SUCH OTHER WAYS BEING CHARITABLE AS THE MANAGING TRUSTEES MAY DECIDE; (V) IN MAKING GRANTS TO ANY CHARITY OR CHARITABLE FUND OR CHARITABLE INSTITUTION WHICH BENEFIT THE ABOVE MENTIONED PERSONS