# Edinburgh Merchant Company Order Confirmation 1996, Paragraph 120: Application of funds retained by Fraser trustees


The Fraser trustees shall retain the existing assets held by them and shall apply the capital and income thereof in accordance with the deed of directions and the Fraser trust disposition including, without prejudice to the above generality, the decoration and internal improvement of the houses occupied by persons elected by the Fraser trustees.

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Source: https://www.legislation.gov.uk/ukla/1996/11/schedule/paragraph/120 (the official version)
Page: https://openlegislation.uk/edinburgh-merchant-company-order-confirmation-1996/schedule/paragraph-120
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.