s 12 Scottish Hospital Endowments Research Trust.
(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3) It shall be the duty of the Scottish Hospital Endowments Research Trust (referred to in this Act as “ the Research Trust ”) to hold and administer funds on trust for the purpose of assisting the conduct of research into any matters relating to the causation, prevention, diagnosis or treatment of illness or to the development of medical or surgical appliances, including hearing aids. (4) The Research Trust shall have power to accept, hold and administer, in accordance with Schedule 7, any property on trust for the purpose aforesaid. (4A) The Research Trust shall have power to engage in activities intended to stimulate the giving of money or other property to assist them in carrying out the purpose aforesaid. (4B) . . . the activities authorised by subsection (4A) include public appeals or collections, and the soliciting of sponsorship, donations, legacies, bequests and gifts. (5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (6) The Research Trust shall cause proper accounts to be kept of the capital, income and expenditure vested in, received by, and expended by them . . . . (6A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (7) The Research Trust shall prepare an annual report of their proceedings which shall include an abstract of their accounts. (8) Schedule 7 shall have effect in relation to the Research Trust.