Finances:
Objects:
3.1 the trustees shall hold the capital and income of the charity upon trust to apply the income, and all such parts of the capital, as the trustees may in their discretion think fit, for the assistance of the beneficiaries in furtherance of the objects.3.2 the objects shall be:3.2.1 the relief of poverty3.2.2 the advancement of education3.2.3 the relief of those who are in need by reason of disabilityin this clause, the following words shall have the following meanings:-(a) ¶beneficiaries÷ shall mean young persons or elderly persons in need of financial assistance and who are:-(i) permanent residents of the united kingdom of great britain or who are holders of united kingdom of great britain and northern ireland passports; or(ii) permanent residents of the hong kong special administrative region, peoples republic of china or who hold passports issued by the hong kong special administrative region, peoples republic of china.(b) ¶young persons÷ shall mean persons under the age of 25 years of age(c) ¶elderly persons÷ shall mean persons over the age of 65 years of age
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