Paragraph 20
Benefit of Charity.—
(1)
The General Committee shall first defray out of the income of the Charity the cost of maintaining the property of the Charity (including the repair and insurance of any buildings thereon) and all other charges and outgoings payable in respect thereof and all the proper costs, charges and expenses of and incidental to the administration and management of the Charity.
(2)
Subject to payment of the expenses aforesaid, the General Committee shall apply the income and, at its discretion, the whole or part of the property of the Charity in furthering the object of the Charity.
Notes on Schedule APPENDIX
Footnotes
- f1
- f2
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1823 c. 18 (Private).
- f3