Terms and Conditions of Membership

• Members are those whose names are recorded in the register of members.
• Persons under 18 may not be members.
• Prospective members must complete an application form and buy at least one share.
• In signing the application form the applicant is agreeing to the Rules (the governing document of the WCT) and its Policies.
• Membership application forms from prospective members are considered by the Board.
• If the Board considers that a prospective member does not support the Objects of the WCT, it may reject their application for membership.
• The Board reserves the right to terminate membership if it becomes clear a member does not support the aims of the WCT.
• When an applicant is accepted as a member their name is recorded in the register of members and the applicant will be issued an e-share certificate/s.
• Members are required to uphold the WCT’s Terms and Conditions of Membership and Code of Conduct and to support the objects of the WCT as set out in its Rules on an ongoing basis.
• Members each have a single vote at general meetings, regardless of how many shares they hold.
• Shares will never be worth more than the amount paid for them, and could reduce in value. There will be no dividend payable to shareholders.
• Membership is not a savings scheme and members may not get any or all of their money back in the future.
• The shares are not backed by any compensation scheme or ombudsman and the investment is at risk.
• By completing this form members understand and consent to their details being entered onto the Westbourne Community Trust database. These details may be used as set out in the Privacy Policy.