# Edinburgh Merchant Company Order Confirmation 1996, Paragraph 109: Minimum amount and terms of pensions


Each pension from the endowments trust fund shall be not less than £10 per annum, and shall be payable in advance at such times as the endowments trust may decide to the beneficiary or to such other person as the endowments trust may from time to time determine to be applied for behoof of the beneficiary.

---
Source: https://www.legislation.gov.uk/ukla/1996/11/schedule/paragraph/109 (the official version)
Page: https://openlegislation.uk/edinburgh-merchant-company-order-confirmation-1996/schedule/paragraph-109
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.