WHEREAS the Board constituted under the provisions of the Homewood Trust Act 1942 (hereinafter referred to as the principal Act) has in exercise of the powers and duties contained in the said Act and in the deed of trust therein referred to accumulated certain funds which the Board is in a position to distribute: And whereas the powers of the Board in that respect are limited to the purposes set out in clause two of the deed of trust: And whereas the Western Bay of Plenty Returned Services’ Association, Incorporated, has recently purchased a property of approximately four acres in the Borough of Tauranga whereon it proposes to establish a community centre incorporating club rooms and sports grounds for the benefit of its members and ex-servicemen generally and all those comprehended in the term “authorized beneficiary” in the deed of trust, and also to establish a number of homes for indigent ex-servicemen and their wives and families: And whereas the Board desires to assist financially in the establishment and maintenance of the said community centre and homes, but is not empowered to do so: And whereas it is desired to amend the principal Act to give the Board the necessary power so to assist in the establishment and maintenance of the said community centre and homes: