Thomson Charitable Trust

The said Trustees are directed after payment of the whole expenses of administration of the Trust created to apply the whole or such part of the income of the Trust Estate or even of the capital thereof as the Trustees may in their sole discretion decide to such existing or future charitable institutions, societies, associations, objects and/or indigent persons and without prejudice thereto the said Trustees shall have power to contribute, promote, further or otherwise benefit such charitable purposes connected with education and/or music and/or any sphere whatsoever of the arts generally as they may in their sole discretion think fit, subject always, however, to the fact that any payment of any kind made by the said Trustees as herein directed shall only be to institutions, societies, associations, objects, indigent persons and/or other bodies which the law prevailing at the time of payment would regard as charitable.