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