The Supporters Trust is registered as an Industrial and Provident Society. What is the significance of this?
Without getting too technical, the Supporters Trust has been registered as a legal entity in order to be formally constituted. Having considered advice from Supporters Direct, the Government funded umbrella organisation for supporters’ trusts, the Supporters Trust has been registered as a community society under the Industrial and Provident Societies Act 1965. In order that the Supporters Trust could be registered most appropriately, the initial rules have been based on a set of model rules that Supporters Direct has pre-agreed with the Financial Services Authority (FSA).
