Merchant Taylors' Educational Trust

THE TRUST PROPERTY SHALL BE HELD AND APPLIED FOR OR TOWARDS OR FOR THE BENEFIT OR IN FURTHERANCE OF SUCH CHARITABLE PURPOSES CHARITABLE INSTITUTIONS OR CHARITABLE FOUNDATIONS (WHETHER EDUCATIONAL OR OTHERWISE) IN SUCH MANNER AND IN SUCH PROPORTIONS AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE AND BOTH CAPITAL AND INCOME WITHOUT DISTINCTION SHALL BE SO APPLICABLE. WITHOUT PREJUDICE TO THE GENERALITY OF THE PRIMARY TRUST DECLARED BY CLAUSE 5 HEREOF BUT SUBJECT AND WITHOUT PREJUDICE TO THE PROVISIONS OF CLAUSE 22 HEREOF THE TRUSTEES SHALL FROM TIME TO TIME IN THEIR SELECTION OF PARTICULAR CHARITABLE PURPOSES TAKE INTO CONSIDERATION AND PAY SPECIAL REGARD TO THE FURTHERANCE OF THE FOLLOWING CHARITABLE OBJECTS OR PURPOSES (THAT IS TO SAY):- (A) THE ADVANCEMENT OF EDUCATION THROUGH THE SUPPORT TO THE MTET SCHOOLS (B) THE ADVANCEMENT OF EDUCATION THROUGH THE PROVISION OF SCHOLARSHIPS, BURSARIES, PRIZES OR OTHER AWARDS OR GRANTS TO PUPILS ATTENDING ANY OF THE MTET SCHOOLS WHO ARE IN NEED OF FINANCIAL ASSISTANCE (C) THE ADVANCEMENT OF EDUCATION THROUGH THE PROVISION OF SCHOLARSHIPS, PRIZES, MAINTENANCE ALLOWANCES OR GRANTS TO ANY FORMER PUPIL OF ANY OF THE MTET SCHOOLS TENABLE AT ANY UNIVERSITY, COLLEGE OF EDUCATION, OR OTHER INSTITUTION OF FURTHER (INCLUDING PROFESSIONAL AND VOCATIONAL) EDUCATION. (D) THE FOUNDING OR PROVISION OF SCHOLARSHIPS FELLOWSHIPS LECTURESHIPS AND PRIZES IN CONNECTION WITH ANY SCHOOL UNIVERSITY OR OTHER EDUCATIONAL BODY THE REDUCTION OF SCHOOL OR UNIVERSITY FEES THE PROVISION OF FREE EDUCATION AND THE IMPROVEMENT OF SCHOOL OR UNIVERSITY AMENITIES. (E) THE ADVANCEMENT OF EDUCATION GENERALLY. (F) THE MAKING OF GIFTS OF MONEY OR OTHER PROPERTY IN THE FREE DISPOSITION OF THE TRUST TO OTHER BODIES HAVING OBJECTS SOLELY CHARITABLE (WHETHER OR NOT SUCH OBJECTS ARE SIMILAR TO ANY OF THE FOREGOING OBJECTS).