At the EGM on Thursday 21 March it was agreed to amend our Memorandum and Articles of Association or ‘constitution’ for short.
Please use this link to download a copy of our current “Memorandum and Articles of Association”, or “constitution” : Signed Filing Copy VALLEY REN GROUP – April 2019
A summary of the changes from the previous constitution can be downloaded here: Summary of changes 2019
Note: At the 2012 Annual General Meeting the following Ordinary resolution was approved which had the effect of changing the annual £1.00 membership subscription to a £3.00 fee which does not expire, provided the member continues to meet the eligibility criteria for membership (for example continuing to live in the Carron Valley area. This was done to simplify ongoing membership administration:
The Board of Directors of the Valley Renewables Group ask for the agreement of their members that Article 10 within the section entitled Membership Subscription of their Memorandum and Articles of Association be altered as described below.
10 Unless otherwise determined by oridnary resolution, the amount of the annual memebrship subscription payable by members shall be £1.
Agreed New Wording:
10 Unless otherwise determined by oridnary resolution, the amount of the annual membership subscription payable by members shall be £1. This amount shall be payable in one installment for three conscutive years in advance. Thereafter membership shall be valid for life with no further payment due so long as the member continues to meet the eligibility criteria for membership.