Which of the following would be treated as cases of subsequent failure (more than one applies) ?
A) Funds remaining when a charitable trust set up to erect a statue has completed its work.
B) Assets held by a gun club which was originally established for charitable purposes, but which has been informed by the Charity Commission that its purposes are no longer considered to be charitable.
C) Funds held by a trust to provide grants to meet the medical needs of servicemen who served in Burma during the second world war, when, after advertisements in four successive years, no surviving servicemen can be found who would benefit from a grant.
D) Funds originally held on trust by Oldcastle University to make grants to students studying at the Oldhampton city campus. Oldcastle University and Oldcastle Metropolitan University merged last year to form Oldcastle New University, and the Oldhampton city campus was closed as part of the merger.
Correct Answer:
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