Article 5.
SCHEDULE 3N.I.FORM OF RESOLUTION BY CHARITY TRUSTEES UNDER ARTICLE 5
IntroductoryN.I.
We are the trustees of the....................................................................................................Charity.
The value of the charity's permanent endowment is £............................................................ (or thereabouts), and the endowment does not consist of or comprise land or any interest in land, and its gross income in the preceding accounting period was £............................................................
We are of the opinion that the property of the charity is too small, in relation to its objects, for any useful purpose to be achieved by the expenditure of income alone.
We have complied with Article 5(2) of the Charities (Northern Ireland) Order 1987.
ResolutionN.I.
We, the trustees of the said charity, under and in pursuance of Article 5 of the Charities (Northern Ireland) Order 1987, hereby resolve that the charity ought to be freed from any restrictions imposed by law with respect to expenditure of capital.
Signed:............................................................................................................................................................................................................................................................................................................................................................................................
TRUSTEES OF THE....................................................................................................CHARITY