Evelyn Ferris Mudie Charitable TrustRegistered

(i) Until the Termination Date, the Trustees shall from time to time and at any time in their uncontrolled discretion, but subject always to the discretionary powers conferred on them under Clause 7 hereof, pay or apply the capital or the income of the Trust Fund,in sums of such amount as the Trustees in their absolute discretion may decide, in any one or more or all of the following ways, videlicet.- (a) To implement such legally charitable purposes in the fields of medicine, tertiary education and social welfare as the Trustees in their sole discretion may determine. or (b) To or for the benefit of such one or more Charitable Institution or Charitable Institutions as the Trustees in their uncontrolled discretion may from time to time select. or (c) in implementing or assisting to implement any charitable purpose or charitable purposes which the Trustees in their uncontrolled discretion may from time to time by Minute resolve upon. (ii) On the Termination Date the Trustees shall forthwith pay and apply the hole capital then in their hands to such Charitable Institution or Charitable Institutions as they in their uncontrolled discretion shall select.