Not quite carte blanche. Surely "such charitable purposes" does limit them to spending the money on things that would be deemed charitable in UK law.
WSC
On 29 April 2012 11:20, Gordon Joly gordon.joly@pobox.com wrote:
In the course of editing an article today, I came across these Objects.
THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST TO APPLY THEM FOR SUCH CHARITABLE PURPOSES AS THE TRUSTEES SHALL IN THEIR ABSOLUTE DISCRETION FROM TIME TO TIME THINK FIT.
Wow. Carte blanche.....
Gordo
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