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Silver Leys Trust

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What does this charity do?

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retained

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disablement financial hardship

Finances:

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Objects:

(1) subject to this clause, the objects of the charity are:a) the provision of facilities for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants; andb) (but only in so far as income is not required for the object in sub-clause (a) above) the benefit of any charitable institution in the area of benefit(2) subject to clause 21 the land identified in part 1 of the schedule to this scheme must be retained by the trustees for use for the objects of the charity(3) if the property of the charity is no longer required for the provision of recreation facilities for the area of benefit, the object of the charity will be the promotion of general charitable purposes for the benefit of the inhabitants of the area of benefit.

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