Paragraph 35 Application of income
Subject to the payments aforesaid, the Trustees shall apply the income of the Charity as follows:
as to 90% thereof for the benefit of the residents of the Hemel Hempstead area in the manner hereinafter specified; and
as to the remaining 10% thereof for the benefit of the residents of the Bovingdon area in the manner hereinafter specified.
the income applicable under the preceding sub-clause for the benefit of the residents of either the Hemel Hempstead area or the Bovingdon area shall be applied by the Trustees in one or more of the following ways for:
the relief of the aged, sick, disabled or poor residents of that area;
the provision, or assistance in the provision, for the benefit of the residents of that area and its neighbourhood or any section of those residents, of facilities for recreation or other leisure time occupation where that provision is charitable by virtue of section 1 of the Recreational Charities Act 1958 (facilities provided in the interests of social welfare);
the advancement of education for the benefit of residents of that area; and
the promotion of any other charitable purpose (whether or not of a nature similar to any purpose specified in paragraphs (i), (ii) and (iii) above) for the benefit of the residents of that area.