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.