# Edinburgh Merchant Company Order Confirmation 1996, Paragraph 123: Income of Russell and Foster Endowment to be applied in payment of pensions


Subject to the provisions of this Part of this Order the free income of the Russell and Foster Endowment shall, after meeting the expenses of management thereof, be applied by the endowments trust in the payment of annual pensions to persons qualified as hereinafter mentioned in this Order to receive such pensions.

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Source: https://www.legislation.gov.uk/ukla/1996/11/schedule/paragraph/123 (the official version)
Page: https://openlegislation.uk/edinburgh-merchant-company-order-confirmation-1996/schedule/paragraph-123
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.