Miss A M Pilkington Charitable TrustRegistered

The Trustees shall hold and apply the Trust Funds under their charge both as to capital and income for charitable purposes only within the meaning of the Income and Corporation Taxes Act 1970 and any provisions for the time being in force amending or superseding the same and the Trustees shall make payments therefrom at such time or times and of such amount or amounts as they in their sole discretion may determine to or for behoof of any person fund institution or society who is qualified to benefit by a gift for charitable purposes only and that whether they are situate or established in Scotland or elsewhere declaring that the Trustees need not allocate the whole income of any particular year but may add part or the whole of the income as they in their sole discretion should think fit to the capital of the Trust or to an income reserve fund or funds. (THIRD) The Trustees may if they in their sole discretion unanimously so decide, after meeting all liabilities, dispose of the whole Trust Funds remaining in their hands by distributing these funds to or among any suitable object or objects qualified to receive gifts for charitable purposes only and thus bring the Trust to an end.