High School of Dundee Trust AppealRegistered

At such time or times as the Trustees consider suitable they shall apply the High School of Dundee Trust Appeal in such manner and to such extent as they consider to be for the advancement of the purposes of the High School of Dundee Provided Always that not more than a three-twentieth part of the capital of the High School of Dundee Trust Appeal shall at any time during its existence be applied in (a) the purchase of land to be used for the purposes of the High School of Dundee or (b) in the erection, alteration, improvement, extension, renewal, repair, decoration or equipment of any buildings or playing fields occupied or used or intended to be occupied or used for the purposes of the High School of Dundee.