SCHEDULES

SCHEDULE 2 Amendments of the Trust Instrument

Revival of trusts in favour of the Nominated Person

2

1

In clause 5 (which provides that in certain events the trusts in favour of the Nominated Person shall absolutely determine and trusts in favour of the Canadian High Commissioner shall arise) after the words “absolutely determine” there shall be inserted the words “ (but without prejudice to Clauses 5A and 6A hereof) ”.

2

Clause 6 (trusts in favour of the United States Ambassador to arise upon the determination of the trusts in favour of the Canadian High Commissioner) shall be re-numbered as clause 5A and for the words “United States Ambassador” in both places where they occur there shall be substituted the words “ Nominated Person ”.

3

After clause 5A there shall be inserted the following clause—

6

If at any time after the Nominated Person has become entitled to occupy, use and enjoy the Chevening Estate under the provisions of Clause 5A hereof either—

a

there shall have been no Nominated Person during a continuous period of six years (such period beginning at a date after the determination of the trusts declared by Clause 5 hereof) or

b

during any continuous period of six years (such period beginning as aforesaid) no Nominated Person shall have occupied Chevening House or

c

the Prime Minister and the Leader of the Opposition notify the Board in writing that they desire to determine the trusts declared by Clause 5A hereof

then and in any such event the trusts and provisions of Clause 5A hereof shall absolutely determine (but without prejudice to Clause 6A hereof) and the Chevening Estate and the Contents shall be held upon trust to permit the United States Ambassador to occupy, use and enjoy the same as a furnished country residence and estate for such period or periods continuous or discontinuous as the United States Ambassador may think fit.

4

Clause 7 (Chevening Estate, Contents and Trust Fund to be held for the National Trust absolutely upon the determination of the trusts in favour of the United States Ambassador) shall be re-numbered as clause 6A and in that clause for the words following “Contents” there shall be substituted the words “ shall be held upon trust to permit the Nominated Person to occupy, use and enjoy the same as a furnished country residence and estate for such period or periods continuous or discontinuous as the Nominated Person may think fit. ”

5

After clause 6A there shall be inserted the following clause—

7

If at any time after the Nominated Person has become entitled to occupy, use and enjoy the Chevening Estate under the provisions of Clause 6A hereof either—

a

there shall have been no Nominated Person during a continuous period of six years (such period beginning at a date after the determination of the trusts declared by Clause 6 hereof) or

b

during any continuous period of six years (such period beginning as aforesaid) no Nominated Person shall have occupied Chevening House or

c

the Prime Minister and the Leader of the Opposition notify the Board in writing that they desire to determine the trusts declared by Clause 6A hereof

then and in any such event the trusts and provisions of Clause 6A hereof shall absolutely determine and the Chevening Estate and the Contents and the Chevening Trust Fund shall be held upon trust for the National Trust absolutely.

6

In consequence of the amendments made by sub-paragraphs (1) to (5) above—

a

in clause 9 (trusts deemed public trusts for purposes of section 29 of the Settled Land Act 1925) for the words “Clauses 5 and 6” there shall be substituted the words “ Clauses 5 to 6A ”;

b

in clause 10 (manner in which land to be held) for the words “Clauses 4 5 or 6” there shall be substituted the words “ Clauses 4 to 6A ”;

c

in clause 32 (matters to be regarded in the exercise of certain powers of disposition and management) for the words “Clauses 4, 5 and 6” there shall be substituted the words “ Clauses 4 to 6A ”; and

d

in clause 38 (construction of references to Chevening Estate) for the words “Clauses 4, 5, 6 and 7” there shall be substituted the words “ Clauses 4 to 7 ”.