and contained concerning the same.
NOW THIS DEED
WITNESS ETH and it is hereby
declared by the Trustee as follows:
1. THE Trust constituted by this deed shall be known as "the
Sir S---- K---- Tang Trust".
2.
IN this deed unless the context otherwise requires
(a) "the Trustee" shall mean the British Council or its
successors or successor as trustee for the time being of
this deed.
(b)
"the Trust Fund" shall mean
(i) all money already paid to the Trustee to be
held upon the trusts hereof;
(ii) all money hereafter paid or investments or
property hereafter transferred to or otherwise
vested in or placed under the control of the
Trustee and accepted by them as contributions to
the Trust Fund and
(iii) the assets from time to time representing
all such moneys investments and property aforesaid.
(c)
"discretion" shall mean absolute and unfettered
discretion.