Mickel FundRegistered

The Trustees shall hold, pay and apply the Fund, both capital and income, for payment of the expenses of establishing and administering the Trust, and thereafter for the purposes of: (a) the advancement of education. (b) the prevention or relief of poverty and the relief of those otherwise in need by reason of age, ill-health, disability, financial hardship or other disadvantage. (c) the advancement of health and the saving of lives. (d) the advancement of the arts, heritage, culture and science. (e) the advancement of public participation in sports. for beneficiaries, in such amounts and proportions, upon such terms and conditions and in such manner and method in each case as the Trustees in their sole and absolute discretion shall determine and decide, including in particular but without prejudice to the foregoing generality (but only for the purposes hereinbefore in this Clause mentioned, or one or more them) by payment of subscriptions or donations to any other charitable bodies or trusts having as or including in their purposes, the said purposes or one or more of them, where such other charitable bodies or trusts: (1) provide or pay scholarships, bursaries, prizes, allowances, fees, costs and expenses of and for education of all types (including education in sports), the arts, heritage, culture and science, or for public participation in sports, to beneficiaries. (2) provide education, training and instruction (including education, training and instruction in sports) directly to beneficiaries. (3) support medical, surgical, nursing or curative research into health issues and the saving of lives, for the benefit of beneficiaries. (4) provide financial support, recreative, welfare, board, maintenance and other facilities, services, requisites, appliances, equipment, accommodation and materials, and food, fuel and other necessaries, to beneficiaries in need. and upon the failure of all the foregoing purposes the Trustees shall hold, pay and apply the Fund both capital and income to or for behoof of such charitable purpose or purposes in Scotland or elsewhere in such manner and if more than one in such proportions as the Trustees shall at any time or from time to time think fit.