Charitable objects
THE SOCIETY SHALL HOLD THE TRUST FUND, AND THE INCOME ARISING FROM IT UPON TRUST FOR THEOBJECTS. THE OBJECTS OF THE TRUST FUND ARE FOR THE PUBLIC BENEFIT AND ARE:
(A)TO PREVENT AND RELIEVE POVERTY AMONGST THE BENEFICIARIES;
(B)IF AND INSOFAR AS THE INCOME IS NOT REQUIRED FOR THE FOREGOING PURPOSE THEN IT MAY BE APPLIED TO CARRY OUT SUCH OTHER LEGALLY CHARITABLE PURPOSES AS THE SOCIETY SHALL FROM TIME TO TIME THINK PROPER, OR DIVIDE THE SAME BETWEEN SUCH CHARITABLE ORGANISATIONS OR CHARITABLE FUNDS OR SETTLEMENTS WHOLLY FOR CHARITABLE PURPOSES IN SUCH PROPORTIONS AND IN SUCH MANNER IN ALL RESPECTS AS THE SOCIETY MAY IN ITS ABSOLUTE DISCRETION THINK FIT.