Explanatory note

This Order gives effect to a Scheme of the Charity Commissioners fortwo Charities known together as the John Lyon Road Trust. The Charitiesderive from a Royal Charter of 1572 and two conveyances of land of 1578and 1582. The Royal Charter established a body corporate, and in theconveyances John Lyon made provision for that body to hold certain landon trust to apply the income for the repair of specified roads inLondon. The repair of those roads is now adequately provided for byother means.

The Scheme continues the same body corporate as Trustee but providesfor the income of the Charities to be applied for the benefit of theinhabitants of certain parts of London in the ways specified in clause 2of the Scheme. The Scheme also widens the Trustee’s investment powersand contains other administrative and general provisions.