Schedule APPENDIX SCHEME FOR THE ALTERATION OF THE CUSTODIAN TRUSTEESHIP OF THE CHARITY KNOWN AS THE IVEAGH BEQUEST SITUATE IN GREATER LONDON AND TO EXTEND THE POWERS OF THE ADMINISTRATIVE TRUSTEES OF THE CHARITY

Whereas the Charity known as The Iveagh Bequest (“the Charity”) is now regulated by the Iveagh Bequest (Kenwood) Act 1929^f1 (“the Act”) which gives effect to a deed a copy of which is set forth in the Schedule thereto (“the Scheduled Deed”) dated the 16th April 1929;

And whereas under the Scheduled Deed the powers of administering the Charity were divided between the London County Council and a group of individuals called The Administrative Trustees;

And whereas under the Scheduled Deed, The Endowment Fund, consisting of investments, was vested in the Public Trustee as custodian trustee;

And whereas The Public Trustee is prohibited by law from acting in a charitable trust, so that it was necessary that the Act was passed in 1929 to implement the Scheduled Deed;

And whereas in accordance with the Scheduled Deed, The Administrative Trustees relinquished their powers to the London County Council shortly after the Second World War, and since that time, changes in London Government and the effect of the National Heritage Act 1983, have vested all the powers of the various trustees (except those of the custodian trustee) in the body corporate called The Historic Buildings and Monuments Commission for England (more commonly known as “English Heritage”);

And whereas English Heritage, being the Trustee of the Charity, has on behalf of the Charity made application to the Charity Commissioners for a Scheme for the administration thereof;

And whereas it appears to the Charity Commissioners that a Scheme should be established for the alteration of the custodian trusteeship of the Charity and for extending the powers of its Administrative Trustees but also that it is necessary for the Scheme to make provision which goes beyond the powers exercisable by them apart from section 17 of the Charities Act 1993;

And whereas in pursuance of section 20 of the Charities Act 1993 public notice of the Charity Commissioners' proposals for this Scheme has been given and no representations have been received in respect thereof:

Now therefore the Charity Commissioners for England and Wales in pursuance of section 17(1) of the Charities Act 1993 hereby settle the following Scheme: