Memorandum & Articles of Association - FIA Foundation

4.4 To promote the application of the latest safety technologies from motor sport to
conventional transport systems;
4.5 To promote or conduct research into the technology of automobile safety, emissions,
fuel quality and mobility needs;
4.6 To protect the environment from the effects of road traffic;
4.7 To promote research into means of reducing risks inherent in all forms of mobility.
4.8 To promote or carry out research.
4.9 To provide advice.
4.10 To publish or distribute information.
4.11 To co-operate with other bodies.
4.12 To support, administer or set up other charities.
4.13 To raise funds (but not by means of taxable trading).
4.14 To borrow money and give security for loans (but only in accordance with the
restrictions imposed by the Charities Act 1993).
4.15 To acquire or hire property of any kind.
4.16 To let or dispose of property of any kind (but only in accordance with the restrictions
imposed by the Charities Act 1993).
4.17 To make grants or loans of money and to give guarantees.
4.18 To set aside funds for special purposes or as reserves against future expenditure.
4.19 To deposit or invest funds not immediately required for its purposes in or upon such
investments, securities or property as the Trustees may think fit in any manner (but to
invest only after obtaining advice from a financial expert and subject nevertheless to
such conditions and consents (if any) as may from time to time be imposed or
required by law.
4.20 To delegate the management of investments to a financial expert, but only on terms
that:
4.20.1 the investment policy is set down in writing for the financial expert by the
Trustees;
4.20.2 every transaction is reported promptly to the Trustees;
4.20.3 the performance of the investments is reviewed regularly with the Trustees;
4.20.4 the Trustees are entitled to cancel the delegation arrangement at any time;
4.20.5 the investment policy and the delegation arrangement are reviewed at least
once a year;