1. Repeals The provisions of the Corporation Acts shall cease to have effect from the date on which this Scheme is given effect by an Order of the Secretary of State under section 17(2) of the Charities Act 1993 with the exception of those parts of sections 1 of the Clergy Orphan Corporation Act 1809 which incorporate the Governors of the Society.
2. Trustee of Charity The body corporate commonly known as the Corporation of the Sons of the Clergy shall be the trustee of the Charity (“the Trustee”).
3. Administration of Charity
(a)The Charity shall be administered and managed by the Trustee (acting in accordance with its usual procedures and powers) under the name Clergy Orphan Corporation or such other name as the Trustee with approval of the Charity Commissioners shall from time to time decide.
(b)All property of the Charity whether presently belonging to the Charity or acquired by the Charity (by whatever means) in future shall be administered and managed for the benefit of the Charity by the Trustee in accordance with the terms of this Scheme.
(c)The Trustee shall have power within the limits of this Scheme to make such Rules, Regulations, Bye-laws or Standing Orders for the management of the Charity and its affairs as it shall think fit, with power to revoke replace or amend the same as may be necessary.
4. Objects
(a)The objects of the Charity shall be the clothing, maintaining and educating of poor orphans of clergymen of the Church of England or of the Church in Wales.
(b)The expression clergymen shall be construed as including both men and women.
5. Application of Income The income of the Charity shall be applied as follows:
(a)in meeting the reasonable costs of administering the Charity
(b)in furtherance of the objects of the Charity.
6. Investment
(a)Any property for the time being available for investment shall be invested under the control of the Trustee.
(b)In addition to the powers of investment given to the trustees of a charity by statute from time to time the Trustee may apply the property of the Charity for the time being available for investment in accordance with the provisions of the Schedule hereto.
7. Existing Schemes For any reference in any existing Scheme made by the Charity Commissioners or the Minister of Education to the Governors of the Society for the clothing maintaining and educating poor orphans of clergymen of the Church of England or of the Church in Wales there shall be substituted a reference to the current name of the Charity as decided under clause 3 of this Scheme from time to time.
8. Questions under the 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 determined by the Commissioners by way of written advice under section 29 of the Charities Act 1993 upon written application made to them by the Trustee for that purpose.