Charitable objects
1/3 OF INCOME SHALL BE APPLY FOR THE BENEFIT OF PERSONS WHO ARE IN NEED OF FINANCIAL ASSISTANCE BY WAY OF SCHOOLSHIP, BURSARIES, MAINTENANCE ALLOWANCE OR GRANT TENABLE AT ANY SCHOOL, UNIVERSITY OR OTHER PLACE OF LEANING OR TO ENABLE BENEFICIARIES TO TRAVEL ABROAD TO PURSUE THEIR EDUCATION. (B) IN PROVIDING FINANCIAL ASSISTANCE, OUTFIT, TOOLS, INSTRUMENTS AND BOOKS TO ENTER A PROFESSION, TRADE OR CALLING ON LEAVING UNIVERSITY OR OTHER EDUCATIONAL ESTABLISHMENT. (2) RESIDUE OF THE CHARITY'S INCOME SHALL BE APPLY IN RELIEVEING EITHER GENERALLY OR INDIVIDUALLY PERSONS RESIDENT IN THE PARISH WHO ARE IN NEED, HARDSHIP OR DISTRESS BY MAKING GRANTS OF MONEY. (3) PROVISION OR RECREATION FACILITIES FOR THE RESIDENT OF THE PARISH.