The NACBS now has charitable status under the Charities and Trustee Investment (Scotland) Act 2005. This required a slight change to our rules which have now been approved by the FCA
Our Share Offer Document has been recommended for approval for the award of the Community Shares Standards Mark. This has involved certain changes to the Business Plan and the Share Offer Document.
On Tuesday 8th of November, the share offer was launched at an open day at Lochranza and Catacol Village Hall and many of you dropped in to pick up the Share Offer Document and pay your Community Member fee of £1 and apply for some Contributor Shares. We have now registered 44 Community Members to date.
We are holding back on sending out Contributor Share Certificates until we hear about the grant situation. Their decision on this is imminent.
As a result, of some of the changes we have put up the latest versions of the Rules of the Society, Business Plan and Share Offer Document. None of these changes impact those of you who have already applied but you may wish to read the latest documents.
Thank you for your support.