BHM Charitable Trust

THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST TO PAY OR APPLY SUCH INCOME AND THE WHOLE OR ANY PART OF THE TRUST FUND AT SUCH TIME OR TIMES AS THE TRUSTEES IN THEIR ABSOLUTE DISCRETION SHALL THINK FIT TO OR FOR THE CHARITABLE PURPOSES OF SUCH BODIES ASSOCIATION OR ORGANISATIONS AS SHALL AT THE DATE OF PAYMENT OR APPLICATION BE ESTABLISHED FOR CHARITABLE PURPOSES ONLY ACCORDING TO THE LAW OF ENGLAND AND WALES (SUCH BODIES ASSOCIATION OR ORGANISATIONS BEING HEREINAFTER DEFINED AS THE "CHARITIES") AND WHOSE PRINCIPAL OBJECT SHALL BE: -2.1 THE ADVANCEMENT AND PROMOTION OF THE CHARITABLE AIMS, OBJECTS AND ACTIVITIES OF BEIS HATALMUD MANCHESTER ("THE SCHOOL"), A SECONDARY SCHOOL FOR BOYS SERVING THE ORTHODOX JEWISH COMMUNITY IN THE MANCHESTER AREA;2.2 (WHETHER IN CONNECTION WITH THE SCHOOL OR OTHERWISE), TO ADVANCE AND PROMOTE ORTHODOX JEWISH EDUCATION.2.3 TO APPLY THE FUND OF THE CHARITY FOR SUCH CHARITABLE PURPOSES (IN ACCORDANCE WITH THE LAW OF ENGLAND AND WALES) AS SHALL FROM TIME TO TIME BE DETERMINED BY THE TRUSTEES ACTING UNANIMOUSLY;2.4 SUCH CHARITABLE PURPOSES AND SUCH OBJECTS BEING HEREINAFTER DEFINED AS THE "OBJECTS" PROVIDED ALWAYS THAT NOTHING HEREINAFTER IN THIS DEED SHALL AUTHORISE ANY PAYMENT OR APPLICATION OF ANY PART OF THE CAPITAL OR INCOME OF THE TRUST FUND TO OR FOR ANY PURPOSE OR OBJECTS NOT BEING EXCLUSIVELY CHARITABLE.