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Equity and Trusts The preamble was the introduction section to a statute enacted in 1601 commonly known as the statute of Charitable Uses, an Act passed to protect, and prevent the misuse of, charitable funds. The Act contains a list of the type of purposes considered to be charitable. The statutes dual aims1 - reforming abuses in the administration of charities, and identifying what purposes were charitable - are familiar today, but the terminology and concepts were indisputably Elizabethan. The fundamental principles on which the charities rest have not been exclusively given neither in the preamble of 1601 nor by the proposed definition. But these can be enacted from all the elements regarding charitable trusts. According to the Charitable Uses Act 1601, an act which was passed for the purpose of remedying abuses which had grown up in the administration of the charitable trusts, for a trust to be charitable,...

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