Paragraph 2 Administration of Charity.

The Charity shall continue to be regulated by the provisions of the Acts except in so far as their provisions will cease to have effect by virtue of this Scheme.

The Charity shall be administered and managed by the trustees of the charity called the Purley Children’s Trust acting in accordance with their procedures and powers under a declaration of trust dated 23rd September 1968 and made between Raymond Montague Burton Louis Isaac Michaels and Robert Leslie Wessel as amended by a scheme made by the Charity Commissioners dated 18th December 1995.

The property of the Charity shall be applied for the purposes of the Purley Children’s Trust.

The trustees of the Purley Children’s Trust shall be the members of the Charity and any other person who is a member of the Charity shall cease to be a member when section 16 of the Royal Russell School Act 1954 ceases to have effect.