Glengarry Community Benefit Society is a Community Benefit Society registered on 9th December 2021 with the Financial Conduct Authority (registration number 8770), under the Co-operative and Community Benefit Societies Act.
It has been set up to issue community shares and to run the ecotourism business. Community Members must at all times make up a majority of the total membership. They will also make up a majority of the society’s management committee, and no meeting can be considered quorate unless a majority of Community Members is in attendance.
All members:
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Receive an equal vote regardless of the scale of their investment (subject to Rule 97)
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Are able to vote at Member Meetings and to influence the direction of the business
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Are able to stand for election to the Board and vote in the Board election
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Are encouraged to volunteer their skills to help the business.
We have developed our Society Rules (which act as our Constitution) from standard templates for Community Benefit Societies and have received guidance and support from Community Shares Scotland.
This model guarantees that the society’s assets will be used for the benefit of the community and cannot be disposed of for the private profit of the Management Committee or members
The details of how we operate are set out in our Rules which you can view below:
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