The Diocese of Swansea & Brecon (Educational Endowments) (Llandegley) (Wales) Order 2012

Article 3(4)

SCHEDULE

1.  The Diocesan Trust may, after payment of any expenses incurred in connection with the administration of the Foundation, apply the capital and income of the Foundation 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 the Diocese;

(b) for the maintenance of any relevant school in the Diocese;

(c) in or towards the purchase of a site for, or the erection, improvement or enlargement of, the premises of a teacher’s house for use in connection with any relevant school in the Diocese; and

(d) for the maintenance of a teacher’s house for use in connection with any relevant school in the Diocese.

2.  The Diocesan Trust may also, after payment of any expenses incurred in connection with the administration of the Foundation, apply the income of the Foundation assets for any of the following purposes—

(a) in or towards the provision of advice, guidance and resources (including materials) in connection with any matter related to the management of, or education provided at, any relevant school in the Diocese;

(b) the provision of services for the carrying out of any inspection of any relevant school in the Diocese required by Part 1 of the Education Act 2005(1); and

(c) to defray the cost of employing or engaging staff in connection with—

(i) the application of income of the Foundation assets for either of the purposes referred to in sub-paragraph (a) and (b) above,

(ii) the application of capital or income of the Foundation assets for any of the purposes referred to in paragraph 1 above.

3.  “Relevant school” (“ysgol berthnasol”) means a school of the type referred to in article 4(2).

(1)

2005 c. 18.