Special General Meeting this Saturday, 20th May

Please try to join us for a Special General Meeting this Saturday, 20 May at 11.00-11.45AM in the lounge above the Shambles indoor market. (Come in from the churchyard entrance to the church hall and up the stairs.)

There is a single issue on the agenda, which is to approve some changes to our Rules: not very exciting but very important to make sure that we comply with Financial Conduct Authority Rules. We really need a quorate meeting so I really do hope you can pop in briefly whilst you’re in town doing your shopping!

It will be a great opportunity to also say hi to other SCA members and share a cup of fresh mint tea.

There are 3 changes proposed:

  1. stating explicitly that members can’t sell their shares,  (as required by the Financial Conduct Authority, which regulates us as a Community Benefit Society)
  2. changing the amount of money Core Group can spend without consulting members from £5k to £20k (the original rules were written in 2002 and inflation since then means £5k is no longer practical) and
  3. incorporating our Secondary Rules into our Primary Rules so they’re all in 1 document (by adding in the Objectives at the beginning and the Operating Rules at the end (as recommended to SCA in a Governance Review carried out by an Independent Adviser last year)

Please see below the explanation and also the draft new Rules.

SCA IPS primary rules revised

Rule Change Rationale May 2023

If you can’t attend, you can vote by proxy by contacting any of the Core Group below and indicating your approval (or otherwise) of the changes.

Clare at clare.hudman@stroudcommunityagriculture.org  OR

Carol at membership@stroudcommunityagriculture.org  OR

Sebastian Billing sebastian.billing@stroudcommunityagriculture.org  

Thank you on behalf of the SCA Core Group