Ayr Pipe Band SocietyRegistered

The Trustees shall hold the Trust Fund for the benefit of Ayr Pipe Band Society and shall invest the said sum of Five Thousand Pounds Stirling in Ayr Burgh Loans fund. The Trustees shall apply the whole or such part of the annual interest accruing from the Trust Fund towards he annual running costs of the band as they in their sole discretion shall see fit and shall accumulate the balance if any, of such interest by investing it in the said Ayr Burgh Loans Fund and adding it to capital.