Articles of Association revised

The Revised Articles of Association have been developed by the Trust solicitors to bring our Articles into line with the requirements of the 2006 Companies Act. The original Articles were developed from the requirements of the 1985 Companies Act.

The membership rules for Development Trusts have changed to ensure that Trusts are compliant with the new Scottish Community Right to Buy Act and surrounding support funds e.g. Scottish Land Fund.  The legislation does not allow individual Trusts to develop their Articles to better suit their community, and this has meant that our full membership eligibility is now more restricted than in the past, effectively to those on the Electoral Roll of Luing and North Cuan. The new category of Associate Member will cover both those present Members who are no longer eligible under the new rules, and present Friends.

Two new provisions are the requirements to co-opt a director aged 16-25 to represent the interests of young people, and to welcome a Junior representative, selected by Junior members, to put forward the views and interests of young people.

The structure of Board is also changed, with 6 elected directors and 3 co-opted directors.

All these changes will be fully implemented by the next AGM in September.

 

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