Bramshott Educational Trust

1. NOT MORE THAN ONE-THIRD OF THE YEARLY INCOME OR SUCH OTHER AMOUNT AS THE COMMISSIONERS APPROVE FROM TIME TO TIME IN PROVIDING SUCH SPECIAL BENEFITS OF ANY KIND NOT NORMALLY PROVIDED BY THE LOCAL EDUCATION AUTHORITY FOR ANY SCHOOL MAINTAINED BY THE SAID AUTHORITY IN OR SUBSTANTIALLY SERVING THE AREA OF THE ANCIENT PARISH OF BRAMSHOTT AS ARE AGREED BETWEEN THE MANAGING TRUSTEES AND THE GOVERNORS OR MANAGERS OF THESAID SCHOOL. 2. TO PROMOTE THE EDUCATION (INCLUDING SOCIAL AND PHYSICAL TRAINING) OF PERSONS UNDER THE AGE OF 25 YEARS ONE OR BOTH OF WHOSE PERENTS RESIDE IN THE SAID AREA AND WHO ARE IN NEED OF FINANCIAL ASSISTANCE. (FOR DETAILS SEE CLAUSE 25 OF SCHEME).