SCHEDULE 36 Uniform Statutory Trusts for Educational Endowments
Education Act 1996 (1996 c 56) | Legislation

SCHEDULE 36 Uniform Statutory Trusts for Educational Endowments

Section 557

1

The trustees may, after payment of any expenses incurred in connection with the administration of the trust, apply the capital and income of the relevant trust assets for any of the following purposes—

(a)     in or towards the purchase of a site for, or the erection, improvement or enlargement of, the premises of any relevant school in

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