Silverhill TrustRegistered

The Trustees shall hold and apply the said assets in trust for the following purposes and subject to the following provisions: On the termination from any cause other than an advance of capital including renunciation thereof or part thereof, of the foregoing liferent provision to hold the Trust Fund freed from the said liferent provision on the Discretionary Trust for charitable purposes hereafter declared. The Discretionary Trust shall be for behoof of the Beneficiaries. 'Beneficiaries' shall mean a charitable body being either the National Association of Boys' Clubs, Three hundred and sixty nine Kennington Lane, London, SE11 5QY or The Garfield Weston Boys' Club Trust, Thirty Queen Anne's Gate, London, SW1H 9AL or being any other charitable body, institution, association, organisation, club or society which in the opinion of the Trustees has charitable purposes reasonably similar to either the said National Association of Boys' Clubs or the said The Garfield Weston Boys' Club Trust and for the avoidance of doubt the Trustees may in their discretion and from time to time select one or more such charitable bodies, institutions, associations, organisations, clubs or societies as the Beneficiary or Beneficiaries which may or may not include either the said National Association of Boys' Clubs or the said Garfield Weston Boys' Club Trust and the word 'Beneficiary' shall be construed accordingly.