(iii) Liabilities to the charity that result from conduct that the Trustee or other officer knew or ought to have known was not in the best interests of the Charity or in respect of which the person concerned did not care whether the conduct was in the best interest of the Charity or not.

IV) No trustee may be paid or receive any other benefit for being a trustee.

V) A Trustee may:

(a) sell goods, services or any interest in hand to the Charity;

(b) be employed by or receive any remuneration from the Charity;

(c) receive any other financial benefit from the Charity

If:

(d) he or she is not prevented from so doing by sub-clause (4) of this clause; and

(e) the benefit is permitted by sub-clause (3) of this clause; or

(f) the benefit is authorised by the trustees in accordance with conditions in sub-clause (6) of the clause.

VI) a) If it is proposed that a trustee should receive a benefit from the Charity that is not already permitted under sub – clause (3) of the clause, he or she must:

(i) declare his or her interest in the proposal;

(ii) be absent from that part of any meeting at which the proposal is discussed and take no part in any discussion of it:

(iii) not be counted in determining whether the meeting is a quorum;

(iv) not vote on the proposal

(b) In cases covered by sub-clause (5) of this clause, those Trustees who do not stand to receive the proposed benefit must be satisfied that it is in the interests of the Charity to contract with or employ that trustee rather than with some one who is not a trustee and they must record the reason for their decision in the minutes. In reaching that decision the Trustees must balance the advantage of contracting with or employing a Trustee against the disadvantage of doing so (especially the loss of the Trustee’s services as a result of dealing with the Trustee’s conflict of interest).

(c) The Trustees may only authorise a transaction falling within paragraph 5(a) – (c) of this clause if the trustee body comprises a majority of trustees who have not received any such benefit.

(d) If the Trustees fail to follow this procedure, the resolution to confer a benefit upon the Trustee will be void and the Trustee must repay to the charity the value of any benefit received by the Trustee from the Charity.

VII) A Trustee must absent himself or herself from any discussions of the Trustees in which it is possible that a conflict will arise between his or her duty to act solely in the interests of the Charity and any personal interest (including but not limited to any personal financial interest) and take no part in the voting upon the matter.

VIII) In this Clause 4, “Trustee” shall include any person, firm or company connected with the Trustee.

I) If the members resolve to dissolve the Charity the Trustees will remain in office as charity trustees and be responsible for winding up the affairs of the Charity in accordance with the clause.

II) The Trustees must collect in all the assets of the charity and must pay or make provision for all the liabilities of the charity.

III) The trustees must apply any remaining property or money:

(a) directly for the objects;

(b) by transfer to any charity or charities for the purposes the same as or similar to the charity;

(c) in such other manner as the Charity Commissioner for England and Wales (“the Commission”) may approve in writing in advance.

IV) The members may pass a resolution before or at the same time as the resolution to dissolve the Charity specifying the manner in which the Trustees are to apply the remaining property or assets of the Charity and the Trustees must comply with the resolution if it is consistent with paragraphs (a) – (c) inclusive in sub-clause (3) above.