Setting up a Community Benefit Society
Wessex Community Assets specialises in helping Community Land Trusts and other community groups to decide on their legal form, and in particular setting up a Community Benefit Society.
We have two sets of Model Rules (the governing document for Community Benefit Societies) available for community groups to use. Both have a statutory asset lock and can issue community shares.
They can be adapted to be charitable if necessary.
The Model Rules Sponsorship Service provided by Wessex Community Assets costs £500 (with no VAT).
For more information on this service please contact Diana Moore.
A Registered Society under the Co-operative and Community Benefit Societies Act 2004 Registered number 30175R
Registered address: Unit 7 Abbey Mews Arcade, 56-58 High Street, Glastonbury BA6 9DY.R