European Initiative

THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE THE PROMOTION FOR THE PUBLIC BENEFIT OF URBAN OR RURAL REGENERATION IN AREAS OF SOCIAL AND ECONOMIC DEPRIVATION IN CENTRAL AND EASTERN EUROPE, THE FORMER SOVIET UNION AND ELSEWHERE INTERNATIONALLY BY ALL OR ANY OF THE FOLLOWING MEANS: 3.1 THE RELIEF OF POVERTY; 3.2 THE RELIEF OF UNEMPLOYMENT; 3.3 THE ADVANCEMENT OF EDUCATION, TRAINING OR RETRAINING; 3.4 THE PROVISION OF FINANCIAL ASSISTANCE, TECHNICAL ASSISTANCE OR BUSINESS ADVICE OR CONSULTANCY IN ORDER TO PROVIDE TRAINING AND EMPLOYMENT OPPORTUNITIES FOR UNEMPLOYED PEOPLE IN CASES OF FINANCIAL OR OTHER CHARITABLE NEED THROUGH HELP: 3.4.1 IN SETTING UP THEIR OWN BUSINESSES; OR 3.4.2 TO EXISTING BUSINESSES. 3.5 THE CREATION OF TRAINING AND EMPLOYMENT OPPORTUNITIES BY THE PROVISION OF WORKSPACE, BUILDINGS AND/OR LAND FOR USE ON FAVOURABLE TERMS; 3.4.6 THE PROVISION OF HOUSING FOR THOSE WHO ARE IN CONDITIONS OF NEED FOR THE IMPROVEMENT OF HOUSING IN THE PUBLIC SECTOR OR IN CHARITABLE OWNERSHIP PROVIDED THAT SUCH POWER SHALL EXTEND TO RELIEVING ANY LOCAL AUTHORITIES OR OTHER BODIES WITH A STATUTORY DUTY TO PROVIDE OR IMPROVE HOUSING; 3.7 THE MAINTENANCE, IMPROVEMENT OR PROVISION OF PUBLIC AMENITIES; 3.8 THE PRESERVATION OF BUILDINGS OR SITES OF HISTORIC OR ARCHITECTURAL IMPORTANCE; 3.9 THE PROVISION OF RECREATIONAL FACILITIES FOR THE PUBLIC AT LARGE OR THOSE WHO BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABLEMENT, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES, HAVE NEED FOR SUCH FACILITIES; 3.10 THE PROTECTION OR CONSERVATION OF THE ENVIRONMENT; 3.11 THE PROVISION OF PUBLIC HEALTH FACILITIES AND CHILDCARE; 3.12 THE PROMOTION OF PUBLIC SAFETY AND PREVENTION OF CRIME; AND 3.13 SUCH OTHER MEANS AS MAY FROM TIME TO TIME BE DETERMINED SUBJECT TO THE PRIOR WRITTEN CONSENT OF THE CHARITY COMMISSION FOR ENGLAND AND WALES.