Charitable objects
(1) IN THIS CLAUSE BENEFICIARIESã MEANS PERSONS WHO:
(A) ARE OVER THE AGE OF (60); AND
(B) ARE IN CONDITIONS OF NEED, HARDSHIP OR DISTRESS; AND
(C) EITHER
(I) ARE RESIDENT IN THE AREA OF BENEFIT; OR
(II) HAVE AT ANY TIME LIVED IN THE AREA OF BENEFIT FOR AT LEAST FIVE YEARS; OR
(III) LIVE OUTSIDE THE AREA OF BENEFIT AND ARE APPOINTED AS BENEFICIARIES UNDER SUB-CLAUSE (5) BELOW IN EXCEPTIONAL CIRCUMSTANCES.
(2) THE OBJECTS OF THE CHARITY ARE THE ALMSHOUSE OBJECTS AND THE HOUSING AND RESIDENTIAL HOME OBJECTS.
(3) THE ALMSHOUSE OBJECTS ARE:
(A) THE RELIEF OF BENEFICIARIES BY THE PROVISION OF ALMSHOUSES; AND
(B) SUCH CHARITABLE PURPOSES FOR THE BENEFIT OF BENEFICIARIES RESIDENT IN THE ALMSHOUSES AS THE TRUSTEE DECIDES.
(4) THE HOUSING AND RESIDENTIAL HOME OBJECTS ARE:
(A) THE RELIEF OF BENEFICIARIES BY THE PROVISION OF HOUSING AND ASSOCIATED AMENITIES UPON TERMS APPROPRIATE TO THEIR MEANS;
(B) THE RELIEF OF BENEFICIARIES BY THE PROVISION OF A RESIDENTIAL HOME AND ASSOCIATED AMENITIES UPON TERMS APPROPRIATE TO THEIR MEANS.
(5) THE TRUSTEE MAY, IN EXCEPTIONAL CIRCUMSTANCES, RELIEVE A PERSON WHO LIVES OUTSIDE THE AREA OF BENEFIT BUT IS OTHERWISE QUALIFIED AS A BENEFICIARY. THE TRUSTEE MUST RECORD IN THE RECORD OF ITS MEETINGS THE NATURE OF THE EXCEPTIONAL CIRCUMSTANCES JUSTIFYING THE APPOINTMENT. THE NUMBER OF PERSONS APPOINTED UNDER THIS SUB-CLAUSE MUST NOT EXCEED ONE-THIRD OF THE NUMBER OF RESIDENTS AT ANY ONE TIME.