What is the Legal Position of the Trust?
The Trust is a Company Limited by Guarantee and as such is a separate legal entity. Instead of shareholders it has members who offer a nominal £1 as their limit of liability. It is regulated by the Company Acts and has a Board of Directors who will be elected by its members. Six of those Directors are required to be employed in the business or voluntary sector, the remaining six to be representatives of the other sectors of the community.
Related Questions
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- What is the Legal Position of the Trust?
