General Distribution Power Sample Clauses

General Distribution Power. (a) Subject to requirements in clause 7 regarding the Noongar Future Fund, in each Financial Year the Trustee may Distribute so much of the net income and capital of the Trust Fund to the Eligible Noongar Entities for the Trust Purpose in such amounts and on such conditions as the Trustee may determine in accordance with this clause 17 and otherwise in accordance with this Deed. (b) Notwithstanding clause 17.1(a), but subject to requirements in clause 7 regarding the Noongar Future Fund, the Trustee shall not be bound to exercise its discretion to distribute any of the income and capital of the Trust Fund in any Financial Year and the Trustee may accumulate and retain the income as part of the Trust Fund. (c) The Trustee will not be in breach of its obligations under this clause 17 by reason that: (i) some Eligible Noongar Entities may receive some benefits before others because of the limited financial resources of the Trust in any Financial Year; or (ii) different Eligible Noongar Entities may receive benefits of different kinds or amounts to other Eligible Noongar Entities due to the activities or circumstances of the various Eligible Noongar Entities.