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1. Administration of Charity. The Charity known as the Bridge House Estates and the property thereof shall be administered and managed upon the subsisting trusts thereof as varied or affected by the provisions of this Scheme by the body corporate called the Mayor and Commonalty and Citizens of the City of London (in this Scheme referred to as “the Trustee”).
2. Application of income. If and insofar as the income of the Charity cannot usefully be applied in any year in accordance with the subsisting trusts the Trustee may apply the same in one or both of the following ways:—
(a)in or towards the provision of transport and access to it for elderly or disabled people in the Greater London area;
(b)for other charitable purposes for the general benefit of the inhabitants of Greater London in such ways as the Trustee thinks fit:
Provided that no payment shall be made which directly relieves the said body corporate (in its capacity otherwise than as Trustee of the Charity) or any other body corporate or person or any government department of expenditure which they are under a statutory or other legally enforceable duty to incur:
And provided further that in any year when there shall be income applicable as provided in this clause the Trustee shall settle a policy for the application of such income and in doing so shall consult such persons or bodies corporate or government departments as the Commissioners may direct by order after consulting the Trustee.
3. Accounts. Statements of account in relation to the Charity shall be prepared and transmitted to the Commissioners in accordance with the provisions of the Charities Act 1960(1) or any statutory provision replacing the same, except if and in so far as the Charity is excepted by order or regulations.
4. Questions under Scheme. Any question as to the construction of this Scheme or as to the regularity or the validity of any acts done or about to be done under this Scheme may be referred to the Commissioners for their opinion or advice in accordance with the provisions of section 29 of the Charities Act 1993.
1960 c. 58; sections 8 and 32 and Part V so far as relevant to those sections are saved, pending the commencement of Part VI of the Charities Act 1993, by section 99(3) of and Part I of Schedule 8 to the Charities Act 1993.
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