Difference between revisions of "What's New in V2.0?"
From FairShares Wiki 3.x
m (→Introduction: Add spaces) |
m (Clarify clause 15) |
||
| Line 7: | Line 7: | ||
* The concept of a [[Qualifying Contribution|qualifying contribution]] | * The concept of a [[Qualifying Contribution|qualifying contribution]] | ||
| − | * Clause 15 changed in co-operative version to take advantage of regulations permitting share transfers | + | * Clause 15 changed in co-operative version to take advantage of regulations permitting share transfers. A FairShares Co-operative now has the same powers as a [[FairShares Company]] to create social economy organisation that hold a proportion of shares for employee, community or public benefit. |
* Clause 16 expanded to provide more details on borrowing powers. | * Clause 16 expanded to provide more details on borrowing powers. | ||
Revision as of 16:47, 16 February 2014
Introduction
This page will be completed when decisions have been made about V2.0.
- Full conformance to UK FCA guildlines on Co-operative Law (IPSA 1965);
- The concept of a qualifying contribution
- Clause 15 changed in co-operative version to take advantage of regulations permitting share transfers. A FairShares Co-operative now has the same powers as a FairShares Company to create social economy organisation that hold a proportion of shares for employee, community or public benefit.
- Clause 16 expanded to provide more details on borrowing powers.
- Clause 24 changed to conform to one-person, one-vote principles weighted by the fraction of power allocated to each shareholder group
- (Come back for more later)
Return me to the Main Page
