G J Ward's Charitable TrustRegistered

The Trustees shall have power to pay or apply the whole or so much (if any) of the income or capital of the Trust Fund as the Trustees shall think fit to or for the benefit of all or such one or more exclusively of the others or other of the Discretionary Beneficiaries hereinafter defined for the time being in existence if more than one in such proportions and in such manner in all respects as the Trustees shall in their discretion think fit provided always that (i) no such payment or application shall be made otherwise than for charitable purposes only and (ii) the Trustees shall have power at any time to extinguish, restrict or release the said power to pay or apply as aforesaid.