Notice of Application for Approval of a Scheme Pursuant to Part III of the Charitable Trusts Act 1957 M. No. 16/95 In the High Court of New Zealand, Dunedin Registry Under the Charitable Trusts Act 1957, and in the matter of the ``Ross Memorial Fund'', created by deed of settlement on 31 July 1946, and in the matter of an application by John Fergus Ross of Dunedin, retired manager, Donald Inkster Ross of Wanaka, retired manager, Peter Michael Stapleton of Dunedin, marketing manager and Albert Norman Ritchie of Christchurch, accountant, as trustees of the said fund for the approval of a scheme under Part III of the said Act. Notice is hereby given that John Fergus Ross of Dunedin, retired manager, Donald Inkster Ross of Wanaka, retired manager, Peter Michael Stapleton of Dunedin, marketing manager and Albert Norman Ritchie of Christchurch, accountant, as trustees of the ``Ross Memorial Fund'' have filed in the High Court at Dunedin, an application for approval of a scheme. The proposed scheme would vary the manner of disposition of the income of the said fund and vary the mode of administering the fund. Under the proposed scheme the nett income of the trust fund would in summary be held for the following proposes: 1. For charitable purposes among employees and erstwhile employees and the dependents thereof of Ross Glendining Limited in the discretion of the trustees as to manner, share and extent. 2. Any residue of nett income then remaining for care, recreation and recovery of needy residents of Ross Home, Dunedin in the discretion of the trustees as to manner, share and extent. 3. Any residue of income then remaining may at the discretion of the trustees be paid to Presbyterian Support Services (Otago) for charitable purposes. 4. Any residue of nett income then remaining shall be accumulated and added to the capital. Other proposed changes to the trust are in summary as follows: 5. The restriction on who may be trustee is removed and Trustees Executors and Agency of New Zealand shall be trustee and William Thomas Fergus Ross, shall be an advisory trustee. Copies of the scheme and the report on it by the Attorney-General may be inspected free of charge at the office of the Registrar of the High Court at Dunedin or at the offices of Downie Stewart, Solicitors, Baycorp House, 335 Princes Street, Dunedin. The application has been set down for hearing in the High Court on the 8th day of May 1995. Any person wanting to oppose the scheme is required to give written notice of his or her intention to do so to the Registrar of the High Court at Dunedin and to the applicant, care of Downie Stewart, P.O. Box 1345, Dunedin, and to the Attorney-General, care of the Crown Law Office, P.O. Box 5012, Wellington, not less than 7 clear days before the above-mentioned date. N. A. CARROLL, Solicitor for the Applicants.