Charitable objects
THE PREVENTION OR RELIEF OF POVERTY BY THE PROVISION OF HOUSING IN ELTON, PETERBOROUGH, AT A REDUCED RATE OF RENT TO THE FOLLOWING CATEGORIES OF PEOPLE:
(A) PEOPLE BORN OF FAMILIES LIVING IN ELTON, PETERBOROUGH;
(B) PEOPLE BORN OF FAMILIES WHO PREVIOUSLY LIVED IN ELTON, PETERBOROUGH;
(C) PEOPLE WHO HAVE LIVED IN ELTON, PETERBOROUGH FOR AT LEAST FIVE YEARS;
(D) AN ADULT CHILD OF A BENEFICIARY OF THE CIO LIVING IN ONE OF THE HOUSES WHEN A BENEFICIARY OF THE CIO DIES OR MOVES OUT; OR
(E) WHERE NO PERSONS IN ANY OF THE PARAGRAPHS (A) TO (D) REQUIRES HOUSING, ANY OTHER PERSON DEEMED SUITABLE BY THE CIO, IN WHICH CASE RENT WILL BE CHARGED AT A STANDARD RATE UNTIL SUCH PERSON HAS RESIDED IN ELTON, PETERBOROUGH FOR FIVE YEARS FOLLOWING WHICH THE REDUCED RATE WILL BE PAYABLE.
